While ruling out the possibility of short-term measures to rein in the strong baht, Deputy Prime Minister and Finance Minister Kittiratt Na-Ranong said the Thai currency should be weakened to help drive exports.
Though the government will not engage in short-term measures, Mr Kittiratt says a weaker baht is needed over the medium term. PAWAT LAOPAISARNTAKSIN
"We want to see exports grow at a higher rate, and to make that happen, the baht should be weaker and interest rates lower," he told the CEO Economic Outlook forum in Bangkok yesterday.
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