Thailand has not intervened in baht for trade advantage: central bank

23 July, 2020 10:04 am

Business

Thailand has not intervened in baht for trade advantage: central bank

Bangkok July 23

Thailand has not intervened in the baht THB=TH for any competitive trade advantage and its foreign exchange transactions have been in line with rapid capital movements, the central bank said on Thursday.

The comments came after a media report that Thailand could be added to a U.S. watch list for currency manipulation.

The baht THB=TH has been moving both ways, the central bank said in a statement.(Reuters)

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