Thai Baht coins

Baht drops slightly after central bank’s ‘warning shot’

The central bank’s move to curb the rising baht is just a warning shot and will have little impact on the currency’s value or on the bond and stock markets, analysts said.

The Bank of Thailand (BOT) took the first step on Friday by reducing the amount of baht accounts held by foreign investors and called on financial institutions to provide reports on foreign investors holding debt securities issued in Thailand.

Full story: The Nation

By Wichit Chaitrong
The Nation

TN

The main purpose of Thailand News is to offer our readers all news from the most popular and trusted newspapers in Thailand & Asia in one place.

Get breaking news and the latest news headlines from Bangkok, Phuket, Pattaya, Chiang Mai, Northern Thailand, Isan, the insurgency-plagued South and Asia.

You May Also Like

More From Author

+ There are no comments

Add yours

Leave a Reply