BOT defends monetary policy | Bangkok Post: business

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BOT defends monetary policy

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The value of baht should be at a level that reflects the economic fundamentals of the country, rather than being kept low by intervention, Prasarn Trairatvorakul, governor of the Bank of Thailand (BOT), said on Tuesday. 

He was responding to questions about a report that the National Council for Peace and Order wanted the value of Thai baht to stay at 32 baht per US dollar to support the export sector.

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