Baht slide part of regional trend-Bank of Thailand

THAILAND - The recent depreciation of the baht was in line with other regional currencies, the Bank of Thailand said yesterday.

Thirachai Phuvanat-naranubala, central bank deputy governor, denied news reports which attributed the baht's weakness to government plans to make early repayments on debt owed to the International Monetary Fund, the Bangkok Post reported.

Official reserves were already sufficient to cover repayments, he said.

The baht's depreciation stemmed more from the move by several

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