BANGKOK: The Bank of Thailand (BOT) has intervened in currency markets at times to ease any excessive moves in the baht while the current policy rate is robust and conducive to economic recovery, central bank officials said on Wednesday.
Although volatility was high, it was not unusual and the baht was moving in line with regional currencies, assistant governor Piti Disyatat said, in remarks that come after the baht breached 37 to the dollar this week, a more than six-month low.
