BoT: Strong Baht in line with regional currencies


The three per cent appreciation of the baht should not affect Thai exports significantly, as it was in line with regional currencies, the Bank of Thailand's Governor Tarisa Watanagase said on Tuesday.
The currencies of Singapore, Indonesia and India had all appreciated more than the baht this year, with the exception of Vietnam's dong currency, the central bank governor added.

Thai rice exporters have complained that the strong baht relative to Vietnam's dong currency has hurt the Thai rice exports.

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