Thailand’s Prime Minister: Thais should ‘Spend in Dollars’ to weaken baht


A current-account surplus, capital inflows and high foreign reserves are among the causes of baht strength, said Thailand's Prime Minister Prayut Chan-O-Cha. - AFP

BANGKOK (Dec 2, ANN): Thailand’s Prime Minister Prayut Chan-O-Cha said the nation has to think about expenditure in dollars to help weaken its currency.

"We have to think how we will spend in dollars in many ways to help weaken the baht, ” Prayut said in a speech Monday (Dec 2), adding the private sector needs to help with that process.

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Prayut , Thai Baht , US Dollars

   

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