Finance Minister Kittiratt Na-Ranong said on Thursday the Bank of Thailand should avoid intervention that fights against market forces to stem the baht's appreciation even as he pushes for a weaker currency.
Kittiratt Na-Ranong (Photo by Patipat Janthong)
"We have to accept the fact that the exchange rate will be determined by the market," Mr Kittiratt said in an interview in Bangkok before flying to Davos, Switzerland, to attend the World Economic Forum. "I don't think any unreasonable intervention will work or be right for the situation."
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