FTI comes up with measures to ease impact of strong baht | Bangkok Post: business

Business >

FTI comes up with measures to ease impact of strong baht

  • Published: | Viewed: 1,892 | Comments: 0
  • Newspaper section: Business
  • Writer: Piyachart Maikaew and Nareerat Wiriyapong
- +

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.

This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.

0 people commented about the above

Readers are urged not to submit comments that may cause legal dispute including slanderous, vulgar or violent language, incorrectly spelt names, discuss moderation action, quotes with no source or anything deemed critical of the monarchy. More information in our terms of use.

Please use our forum for more candid, lengthy, conversational and open discussion between one another.

  • Latest
  • Oldest
  • Most replied to
  • Most liked
  • Most disliked

    Click here to view more comments