There are no signs of speculation on the baht nor are heavy sales of the dollar to push up the baht value although short-term investment in the local bond market has soared, says Prasarn Trairatvorakul, the Bank of Thailand's governor.
A man looks at a foreign exchange board in Bangkok yesterday. PATIPAT JANTHONG
Existing regulations are already in place to rein in speculation on the baht such as the limit on foreign investment in the local currency without underlying transactions, he said.
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