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Baht’s rise due to continuous current account surplus: BOT
Baht’s rise due to continuous current account surplus: BOT
TUESDAY, JANUARY 14, 2020
The Bank of Thailand (BOT) has intervened in the foreign exchange markets to rein in the rising baht, which had resulted in purchase of 80 billion US dollars over the past five years.
Bank of Thailand explains sudden appreciation of Baht
Bank of Thailand explains sudden appreciation of Baht
TUESDAY, DECEMBER 31, 2019
Mathee Supapongse, Deputy Governor of the Bank of Thailand, said on Tuesday (December 31) that the appreciation of the Thai Baht on the evening of December 30 to below 30 to the US dollar was out of line with its economic fundamentals. 