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Thai finance minister draws a line on baht strength (Reuters via Yahoo! Asia News)BANGKOK, Dec 21 (Reuters) - Thailand does not want the baht to strengthen beyond 35 to the dollar because of the psychological impact on the country’s exporters, Finance Minister Pridiyathorn Devakula said on Thursday.
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PM backs finance, BoT capital controls move (MCOT)BANGKOK, Dec 21 (TNA) - Thai Prime Minister Surayud Chulanont on Thursday welcomed the drastic moves launched earlier this week by the Bank of Thailand (BoT) and Finance Minister Pridiyathorn Devakula to protect Thailand’s currency from foreign speculation.
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