Bank of Thailand voices concerns over baht appreciation

veerathai-santiprabhob-3-16
Veerathai Santiprabhob
Photo: yarexphotography.com

Thailand’s central bank has expressed concerns over the sharp appreciation of the Thai baht, and said it would intervene if the country receives unusually large capital inflows. 

The baht has strengthened by about 5% against the US dollar this year, making it the best-performing currency in Asia. 

“The monetary policy committee expressed concerns over the baht appreciation, which might not be consistent with economic fundamentals, and would continue to closely monitor developments of exchange

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: