Negative sentiment leads to slide in Thai baht

THAILAND - The conflict between the prime minister and the central bank governor on how to manage the baht under the managed float system has resulted in confusion among dealers in the foreign exchange market.

Trading volume in the forex market remained thin on Thursday, following the trend established the previous day, with the baht moving between 41.82 to 42.10 baht to the US dollar.

A dealer said that, after the prime minister took the central bank to task for allowing excessive volatility,