BOT issues statement to restore public confidence
Play
Bank of Thailand on Friday issued a statement clarifying its role, amid a series of reports on its operations.
"The reports on the roles could confuse the public and affect confidence in the country's central bank," it said in the statement.
BOT has been criticised by some politicians for failing to take care of the exchange rates. The BOT has been under huge pressure to cut the policy rate, believed to be a key mechanism to slow down baht appreciation.
