Weak baht takes centre stage

Published by
The Bangkok Post

BoT, Finance Ministry to discuss causes The Finance Ministry will hold talks with the Bank of Thailand to discuss and delve into the factors behind the weakening baht, said Finance Minister Arkhom Termpittayapaisith. He said the depreciating currency has added to inflationary pressures thus necessitating an examination into whether the declining value of the baht is linked to the country’s economic fundamentals or external factors including the fast-strengthening greenback. “The currency’s value is affected by numerous factors and the ministry will be holding talks with the Bank of Thailand to…

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