BANGKOK (Bloomberg): Thailand’s central bank and the finance ministry will soon meet to discuss the baht after it tumbled to the lowest in nearly 16 years, signalling growing concerns among officials that the currency slump can threaten a tepid recovery and stoke inflation.
The ministry and Bank of Thailand will discuss the baht’s weakness as the nation needs "to seek balance” in the currency, Finance Minister Arkhom Termpittayapaisith said late Tuesday (Sept 20).
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