BANGKOK (Reuters) – Thailand’s actual rates of interest are low in contrast with these of its regional friends, so slicing the benchmark charge could not have a lot affect, the central financial institution mentioned on Wednesday.
The central financial institution additionally mentioned in an announcement that it’s fearful a few robust baht and is intently monitoring it.
The baht traded at 30.90 per U.S. greenback at 0306 GMT. It has gained 5.4% in opposition to the buck this 12 months, making it the highest performer in Asia.
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