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Thai Ministry of Finance, central bank keeping eye on baht gains
The Thai baht has kept surging and the exchange rate is expected to surpass 30 baht/U.S. dollar this year. Thai Prime Minister and Defense Minister Prayut Chan-o-cha said that the government has been engaged in discussions on the issue with the Bank of Thailand (BOT)
January03,2020
Thai government agencies to regulate exchange rate of baht
Fluctuations including appreciation and depreciation eyed in Thai baht exchange rate can be attributed to multiple factors, according to Mr. Uttama Savanayana, minister of the Ministry of Finance.
July22,2019
Thai baht depreciates immediately after BOT's speculation curbing measures
Due to the strong Thai baht over the past months, BOT revised relevant regulations on curbing speculation in the currency and kept a tighter rein on foreign investors' reporting their investment activities in domestic debt market.
July18,2019
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