Ministers agree, no need to curb baht
- Published: 20 Mar 2013 at 16.18
- Online news:
The meeting of economic ministers on Wednesday agreed it is not necessary to use special measures to curb the strengthening baht, Finance Minister Kittiratt Na-Ranong said.
The meeting did not want to implement any unnatural measures because it would have a negative impact in the long-term, he said.
The economic ministers wanted the Thai currency to move in line with the market mechanism. Relevant agencies will keep a close watch on the baht's movement and will meet again if the currency gets too strong, he added.
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