Japan move drives baht | Bangkok Post: business

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Japan move drives baht

BoT concerned about currency's huge surge

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The Bank of Thailand has expressed concerns over the baht's ferocious surge prompted by the Bank of Japan (BoJ)'s unexpected aggressive liquidity pumping. 

                           (File photo)

But governor Prasarn Trairatvorakul said the central bank is adopting a wait-and-see approach, adding that it will assess the market after the long Songkran holiday to consider if it was necessary to start reining in the baht.

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