Thai baht strength has limited impact on export: central bank official

Published Tue, Jul 11, 2017 · 03:56 AM
Share this article.

[BANGKOK] The strength of the Thai baht is having a limited impact on exports, the central bank's assistant governor, Vachira Aromdee, said on Tuesday.

The baht's appreciation this year of up to 5.0 per cent was in line with regional peers, Ms Vachira said. "The baht's value has had a limited impact on exports and not as much purchasing power in partner countries," she said.

REUTERS

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

International

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here