BoT chief sceptical on fiscal deal | Bangkok Post: news

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BoT chief sceptical on fiscal deal

Bill passed in US not enough, Prasarn says

Bank of Thailand governor Prasarn Trairatvorakul joined analysts in expressing scepticism over legislation approved by the US Congress yesterday to avert a financial crisis.

Prasarn: Too early to be definitive

Although the passage of the bill has helped lift investor sentiment worldwide, the US still faces the challenge of coming up with meaningful reforms in the long run, Mr Prasarn said.

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