Kittiratt: Expect stronger Asian currencies | Bangkok Post: breakingnews

Kittiratt: Expect Asian currency gains

Published: 26 Jan 2013 at 13.45
Online news:

DAVOS, SWITZERLAND - Finance Minister Kittiratt Na-Ranong says Asian nations including the baht should prepare for their currencies to appreciate.

"We have to prepare for the baht and other currencies to be stronger against the dollar," he said in an interview on Friday at the World Economic Forum's annual meeting in Davos.

The baht has appreciated by about 1.1% against the US dollar since the start of this year, though it eased back to 29.90 on Friday. It gained 3.1% in 2012 and 5% in 2011.

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yik
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Discussion 4 : 26 Jan 2013 at 19.094
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... as the THB is not a traded currency, it is all guessing at its best anyway ...
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dickemery
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Discussion 3 : 26 Jan 2013 at 16.453
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out of luck pm yingluck rice pledge scheme seems truly doomed as conceded by her newly promoted dpm kittirat,whilst 15% export growth was just a small white lie,things have away of unfolding in the end
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jwatch
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Discussion 2 : 26 Jan 2013 at 15.532
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Well, he wanted a strong baht...so he got what he wanted!
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jacksprat
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Discussion 1 : 26 Jan 2013 at 14.321
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This will make the overpriced Thai rice even more expensive. Well done, Kittirat.
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