Prime Minister Abhisit Vejjajiva said on Thursday afternoon that he had given the Bank of Thailand guidelines about introducing measures to curb the value of Thai baht, if necessary, reports said.
“I have told the central bank that it can take measures to control the foreign direct investment inflow and outflow to prevent the baht from fluctuating too heavily," said Mr Abhisit.
It was possible that the currency would continue to strengthen, but he could not say whether it would reach 29 baht to the US dollar, as speculated.
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- Writer: Online Reporters
- Position: Online Reporters
