InfoQuest (May 17, 2019) -- As global trade environment is grimmer than expectation, which has a negative effect on Thailand's exports and investors' decision-making, Mr. Wiratai Santiprapop, governor of the Bank of Thailand (BOT) forecast that the growth of GDP of Thailand in 2019 will be lower than expected.
The external factors led to a fluctuation in Thai baht exchange rate.
With regard to the speculation that Thailand could be added to the United States' expanded watch list for currency manipulation. Wiratai noted that there is no need to panic. Although Thailand has a current account surplus and a trade surplus with the United States, it has not intervened with the currency.
Source: InfoQuest, by Thaba / Rachada / Wilawan, translated by Xinhua Silk Road
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