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Investment agency responds to Deputy PM's order to spur economy amid strong baht
Thai Deputy Prime Minister Somkid Jatusripitak has ordered the BOI to discuss with the Ministry of Commerce to accelerate the introduction of measures to boost investment over the next six months during the appreciation of the Thai baht, said Thai official.
Thai PM stresses baht appreciation and relevant mechanisms and economic situations
Mentioning about baht appreciation, Thai Prime Minister and Defense Minister Prayut Chan-o-cha noted that the government is not standing by and doing nothing; instead, various mechanisms are monitoring the circumstances.
Thai Industry Minister urges central bank to curb baht
Suriya Juangroongruangkit, minister of the Ministry of Industry, said that he will soon hold a meeting with the Bank of Thailand (BOT) to discuss measures to mitigate the pressure caused by the surging baht. The baht should be pegged at 32 per U.S. dollar, he said.
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