01-01-1970 12:00 AM | Source: Reuters
Thailand expects no broad economic impact after U.S. keeps it on currency watch list
BANGKOK - Thailand's central bank said on Saturday it did not see an impact on business or its ability to implement macroeconomic policies to safeguard financial stability after Washington kept it on a U.S. currency monitoring list.
The BOT also reiterated that Thailand has never used the exchange rate as a tool to gain an unfair trade advantage or a competitive edge over its trading partners, Assistant Governor Chantavarn Sucharitakul said in a statement.
The comment came after Washington kept Thailand on its watch list of countries that merit close attention to their currency practices.
Latest News
Buy LIC Housing Finance Ltd For Target Rs.755 by Mo...
Neutral Barbeque Nation Hospitality Ltd. For Target ...
Sell MRF Ltd. For Target Rs. 110,000 By Elara Capital
Mahindra & Mahindra joins MSDE to skill women to bec...
MFs` Exposure to NBFCs Rises Faster Compared to that...
Views on the importance of gold and gold ETFs in the...
Market Wrap Up by Amol Athawale, VP-Technical Rese...
Bank of Baroda Q4 net profit rises to 4,886 crore
Market Macros by Shrikant Chouhan, Head Equity Resea...
Market Weekly Round Up by Shrikant Chouhan, Head Equ...