Official: Baht surge fits fundamentals

The strengthening baht is in line with the economy’s fundamentals and no intervention by the central bank is needed, says a high-ranking finance official.

“The stronger baht that has been observed recently reflects Thailand’s strong economic fundamentals, so we should not panic over it,” said finance permanent secretary Somchai Sujjapongse.

Full story: Bangkok Post

PAWEE SIRIMAI
BANGKOK POST

TN

Thailand News delivers the latest updates and in-depth coverage on all things Thailand. We offer a wide array of topics, including breaking news, politics, tourism, business, culture, lifestyle, and entertainment.

Get breaking news and the latest news headlines from Bangkok, Phuket, Pattaya, Chiang Mai, Northern Thailand, Isan, the insurgency-plagued South and Asia.

See author's posts