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Bangkok Post
Bangkok Post
Business

DARK SECRETS: Bot no unusual movements seen | Vintage Vibes

United States Chayawadee ChaiAnant Bank of Thailand Thailand
(Reuters File Photo)

The Bank of Thailand says it is not seeing unusual movements in capital flows and is closely monitoring the baht, which has slid to its weakest level against the dollar in more than 16 years.

Assistant governor Chayawadee Chai-Anant cited US dollar strength as the main reason for the baht’s recent volatility, amid uncertainties in the global financial market, according to a statement from the central bank on Saturday.

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