Thai government sacks central bank boss

THAILAND - The Thai government has sacked the governor of the Central Bank, Chatu Mongol Sonakul, following a dispute over monetary policy. Prime Minister Thaksin Shinawatra said he was not satisfied with the bank's policy of keeping interest rates low.

Thailand's government fired central bank governor Chatu Mongol Sonakul on 29 May after a public row over monetary policy, hitting the stock market but boosting the baht on expectations of higher interest rates.

Over the past week, Thai Prime

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