Urgent task force to tackle baht volatility, declining exports

Thai Baht Banknotes

Thai Baht Banknotes. Photo: Peter Hellberg.

BANGKOK, April 26 – The private sector is mounting more pressure on the Bank of Thailand (BoT) over the rising Thai baht, while the Commerce Ministry urgently set up an ad hoc committee to more closely monitor the volatile monetary situation.

Thai industrialists and business operators met with Commerce Minister Boonsong Teriyapirom today to discuss the overwhelming detrimental impact of the currency exchange rate on Thai exports since early this year.

Read more: MCOT


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