Baht pace eases, but central bank warns against complacency | Bangkok Post: business

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Baht pace eases, but central bank warns against complacency

  • Published: | Viewed: 1,658 | Comments: 1
  • Newspaper section: Business
  • Writer: Parista Yuthamanop, Somruedi Banchingduang & Wichit Chantanusornsiri
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The baht appreciation has eased its pace, but the central bank is warning the market and investors that new developments abroad could abruptly change the trend. 

Prasarn Trairatvorakul, governor of the Bank of Thailand, yesterday ruled out special measures to stem the baht appreciation in the near term.

He said the central bank is monitoring the movements and stands ready to use all of its available tools.

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