Thailand denies manipulating currency


Thailand's Finance Minister Ekniti Nitithanprapas. — Reuters

BANGKOK: Thailand’s finance minister has said that the country has not engaged in currency manipulation, and says the central bank has the tools to manage the baht without resorting to intervention.

Finance Minister Ekniti Nitithanprapas also told reporters that the government would put illicit fund movements under more scrutiny by December.

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