BOT: No worry for alltime high foreign currency debt

WEDNESDAY, MAY 09, 2012
BOT: No worry for alltime high foreign currency debt

Thailand's outstanding debt, denominated in foreign currencies, hit the record high at US$119 billion or Bt3.6 trillion as of March, according to Bank of Thailand which attributed the increase mainly to burgeoning Thai investment overseas as well as inte

 

The central bank's data showed that the outstanding debt of all sectors, but the Bank of Thailand, showed an increase from the previous month. 
Songtham Pinto, director of Bank of Thailand's macroeco