Finance Minister vows more action if baht continues rapid appreciation

8 November 2019
The Nation
Economy and commerce
baht appreciation / policy rate / Thai baht / Thai currency

The baht on Thursday closed at Bt30.32 to the dollar in onshore trade, maintaining Wednesday’s level when the central bank cut its policy rate and issued key measures to rein in the rapid appreciation of the Thai currency.

Finance Minister Uttama Savanayana said the central bank and the Finance Ministry had together come up with the measures announced on Wednesday.

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 The Nation Reporter

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Finance Minister vows more action if baht continues rapid appreciation

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