Bank of Thailand intervenes to stabilise baht | Bangkok Post: business

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Kittiratt to BoT: Put on the brakes

Says baht volatility the No.1 concern

  • Published: | Viewed: 8,645 | Comments: 19
  • Newspaper section: Business
  • Writer: Oranan Paweewun
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Deputy Prime Minister and Finance Minister Kittiratt Na-Ranong is urging the Bank of Thailand to step in to stem the rapid pace of baht depreciation, renewing pressure on the central bank to rein in the local currency. 

Mr Kittiratt (left) talks to Mr Prasarn at the forum yesterday. APICHART JINAKUL

The central bank should stabilise the baht's movement to help both exporters and importers, he said yesterday on the sidelines of Euromoney magazine's Greater Mekong Investment Forum in Bangkok.

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