CURRENCIES
FTI comes up with measures to ease impact of strong baht
- Published: 26 Jan 2013 at 00.00
- Newspaper section: Business
The Federation of Thai Industries (FTI) has made recommendations to the Bank of Thailand to ease the impact of the strong baht on the private sector.
FTI vice-chairman Chen Numchaisiri said it would hold talks with the central bank about the baht next week.
"We call on the central bank to take aggressive action to tackle baht appreciation, as its value has jumped 3.13% against the dollar since Dec 21 last year, making it the strongest currency in Asia after the yen," he said.
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