Euro crisis biggest risk to Thai economy

Estimated read time 1 min read

The chronic crisis in the Euro zone is cited as the biggest downside risk for the Thai economy, as this could destabilise global financial markets and the global economy, two key committees of Bank of Thailand said.

In their first joint meeting, the Monetary Policy Committee and the Financial Institutions Policy Committee agreed that volatility in the Thai financial market is imminent in the short term, with periodic tight demand and supply for foreign currencies.

Read more: The Nation


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