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Bangkok Post
Bangkok Post
Business

REVEALED: Weak baht driven by external factors | Vintage Vibes

People shop at Bangkok's shopping area of Siam Square on July 2, 2022. (Photo: Pornprom Satrabhaya)

Thailand's weakening baht is being driven down by external factors and the central bank is closely monitoring the situation, Finance minister Arkhom Termpittayapaisith said, with the currency trading at its weakest level in more than five years against the dollar.

There were no large capital outflows from the debt market, Mr Arkhom told reporters on Wednesday.

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