Economic ministers allow Thai baht to run free | Bangkok Post: business

Business > News

Ministers agree, no need to curb baht

- +

The meeting of economic ministers on Wednesday agreed it is not necessary to use special measures to curb the strengthening baht, Finance Minister Kittiratt Na-Ranong said. 

The meeting did not want to implement any unnatural measures because it would have a negative impact in the long-term, he said.

The economic ministers wanted the Thai currency to move in line with the market mechanism. Relevant agencies will keep a close watch on the baht's movement and will meet again if the currency gets too strong, he added.

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

2 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