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Thai economic fundamentals can cope with China uncertainty: deputy PM

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Thai deputy prime minister Somkid Jatusripitak said on Friday he was confident that the fundamentals of the Thai economy can cope with any impact from uncertainty in China.

[BANGKOK] Thai deputy prime minister Somkid Jatusripitak said on Friday he was confident that the fundamentals of the Thai economy can cope with any impact from uncertainty in China.

Mr Somkid said the Thai central bank can keep the baht at a level "appropriate for the economy", he told reporters, without giving further details. "China's issue may cause volatility and affect the global markets but Thailand's fundamentals are still strong," he said.

REUTERS

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