Thailand's finance minister supports SWF plan


Thailand's finance minister Thirachai Phuvanatnaranubala on Saturday called on the Bank of Thailand to consider creating a sovereign wealth fund (SWF) to manage the country's reserves.

In a post on social networking website Facebook, Phuvanatnaranubala said the US and Europe were "printing too much money", and that their "weak" foreign currencies relative to the baht had created a "real risk" to the value of assets at the central bank. As a result, Phuvanatnaranubala said the central bank should

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