Bank of Thailand eyes measures to curb hot money

Thai Baht coins

Thai Baht coins. Photo: anan2523 (Pixabay).

The Bank of Thailand (BoT) is set to implement measures to curb hot money following the baht’s rapid gain.

“The measure is expected to be taken soon. The central bank already has measures to take care of the foreign exchange rate,” said Monetary Policy Committee secretary Titanun Mallikamas.

Full story: Bangkok Post

Somruedi Banchongduang

Leave a Reply