Thai PM Yingluck Shinawatra orders aid for exporters in wake of strong baht

Thailand News Breaking News

Thailand News Breaking News. Image: TN.




BANGKOK, 10 April 2013 (NNT) – Prime Minister Yingluck Shinawatra has told the Bank of Thailand (BoT) and the Ministry of Finance to monitor the Thai baht currency situation and give assistance to the affected SMEs.

BoT Governor Prasarn Trairatworakul said after a government meeting on the baht’s heavy appreciation that the prime minister was concerned about the problem and asked him whether the movement of the currency was considered normal. The central bank head said he answered Ms Yingluck that the currency did appreciate too fast and he would ask for cooperation from custodian banks in taking good care of foreign investors who might be affected.

Read more: NNT



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