Thai central bank worried about strong baht, ready to use necessary measures
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[BANGKOK] Thailand's central bank is worried that a rapid rise in the baht may not be in line with economic conditions which remain fragile due to the impact of the coronavirus outbreak, a deputy governor said on Monday.
The central bank is ready to consider necessary measures to prevent strength in the baht from adding to fragility in the economy, Mathee Supapongse said in a statement.
REUTERS
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services