Kittiratt puts off action to rein in baht | Bangkok Post: business

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Kittiratt puts off action to rein in baht

Special economic meet asks BoT to mull rate cut

  • Published: | Viewed: 6,583 | Comments: 10
  • Newspaper section: News
  • Writer: Parista Yuthamanop and Oranan Paweewun
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Finance Minister Kittiratt Na-Ranong says he has ruled out immediate measures to curb the rising baht after a special economic meeting on Friday. 

He said measures had been prepared, but would be implemented only if further gains in the currency were recorded.

Exporters had been widely expecting an immediate response to curb the rapidly appreciating currency prior to Friday's meeting.

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