Debt menace looms | Bangkok Post: news

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Flying baht prompts top brass meet

Former ministers warn of looming debt menace

  • Published: | Viewed: 16,212 | Comments: 45
  • Newspaper section: News
  • Writer: Chatrudee Theparat, Pradit Ruangdit & Wichit Chantanusornsiri
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The soaring value of the baht prompted Prime Minister Yingluck Shinawatra to meet top government officials yesterday. 

After the meeting Ms Yingluck played down fears over the currency's rapid appreciation, saying so far the strengthening of the baht posed no risks to the economy.

Ms Yingluck met Finance Minister Kittiratt Na-Ranong, Bank of Thailand (BoT) governor Prasarn Trairatvorakul and National Economic and Social Development Board (NESDB) secretary-general Arkhom Tempitayapaisit.

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