Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Bangkok Post
Bangkok Post
Business

Central bank to let baht move with market forces

The Bank of Thailand (BoT) said on Friday it would let the baht move in line with market forces, but would take action if there was excessive volatility in the currency.

Weakness in the baht has been moderate compared with regional currencies and mainly driven by a strong dollar, BoT senior director Daranee Saeju told a media briefing.

The central bank had no baht levels in mind, she said.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.