Varathep expresses annoyance with MPC over baht rise
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The Bank of Thailand has come under greater pressure from the government after the PM's Office Minister Varathep Ratanakorn questioned the role of the BOT's Monetary Policy Committee (MPC) in finding a solution to the appreciating baht and also demanded i
Stating that capital inflows were partly a result of the high policy rate, Varathep urged the MPC to play a clearer role in reining in the baht.
The MPC is required to report to the Cabinet every six months or sooner if there is any serious situation that could have an impact on the economy, he said.
The Nation
