Bank of Thailand's Veerathai on the Thai economy, governance and payment reform

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Veerathai Santiprabhob

How resilient is Thailand to the shocks taking place in the global financial system?

Global financial markets have become particularly volatile since last December, when the Fed started to hike interest rates. In January, there were concerns about China and now there is Brexit. Fortunately, the Thai economy and our financial system have proven resilient. External financing and foreigners' participation in our bond market are low compared with other emerging markets. Total short-term external

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