BOT chief says baht will stay secure

Economy January 26, 2018 12:45

By The Nation

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Bank of Thailand (BOT) governor Veerathai Santiprabhob vowed on Friday to keep the baht secure against the weakened US dollar and said the baht and other regional currencies would regain strength more quickly than normal.



 

“The BOT is ready to review additional measures to safeguard the baht against any abnormal currency movements,” he said.

The baht on Friday opened at 31.44 per US dollar, a 50-month high going back to October 2013. It also trade Bt31.35 per US dollar in this morning.