FTI calls for key policy rate cut
- Published: 19 Apr 2013 at 14.05
- Online news:
The central bank should consider reducing the repurchase rate because the baht’s persistent appreciation is affecting the export sector, Payungsak Chartsuthipol, chairman of the Federation of Thai Industries (FTI), said on Friday.
The FTI chief said he will called a meeting of members of five industry groups to discuss needed assistance from the government to minimise the impact of the strengthening baht next Wednesday, April 24.
On Friday, April 26, representatives of FTI will go to the Ministry of Commerce for talks on how best to maintain the country’s export markets, said Mr Payungsak.
This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.