Bank of Thailand officials intensified verbal intervention in the past week, with senior director Don Nakornthab saying on Wednesday the
BANGKOK: Thailand’s central bank is fretting over how to cool the world-beating surge in the baht just as the US keeps a watchful eye out for signs of unfair currency policies.
Bank of Thailand officials intensified verbal intervention in the past week, with senior director Don Nakornthab saying on Wednesday the “worried” monetary authority is mulling how the baht can be restrained. He also flagged the possibility of an interest-rate cut.
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