Central bank panel ready to take more action to deal with rising baht

The Monetary Policy Committee (MPC) of the central bank said it stands ready to use policy tools as appropriate and monitor structural problems which should be firmly addressed by all related parties.

The statement was made on Tuesday (January 7) at the central bank and analysts’ meeting at the Bank of Thailand (BOT)’s headquarters amid rising concerns over the baht’s exchange rate moving beyond economic fundamentals.

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The Nation Reporter