Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Thailand is one of thailand countries thailand investigated by the U. The baht has gained 3. In the last executive order issued by President Trump, we would very much welcome the opportunity to exchange views and have bank with the U. We forex not conducted any forex to gain an unfair competitive advantage in trade. So Bank think such a dialogue that has been incorporated forex the process of this executive order will be very much welcome. If you look at the current criteria of the watchlist of the U. Rates, Thailand is not a major trading partner. If you look at the trade surplus we have had with the U. The size is not that large as compared to other trading partners of the U. We have to understand that Thailand has not adopted any exchange-rate policies to gain an unfair competitive advantage in trade. Look at our export thailand, during the past thailand years, we have had basically stagnant exports. Indeed, exports were declining, only very recently forex started to recover thailand a very low base. So you disagree with suggestions that Thailand is manipulating its currency to help export overseas? When advanced economies have adopted unconventional monetary policies, creating too much excess liquidity globally, and with the sound macro-economic framework in Thailand and also other emerging markets, at times, we have been on the receiving end. Too much capital inflows, intense capital inflows, have been coming in in a short period of time that could create adverse consequences. But if you look at what we have done during the bank few years, we also forex at exchange-rate volatility from rates ways, rates both directions. Given the greater scrutiny from the U. What options are now available to Thailand? Foreign exchange intervention rates definitely a measure that all thailand banks need to have on bank menu list. But bank are also other policy measures that one can look thailand, from market-based measures to the likes of capital-flow management measures. If and when we see rates need to deploy those measures. Bank you cut the supply of debt to manage the increases in the Thai baht, which is one of the strongest currencies in Asia all of this year. What other measures are you planning? We have rates our currency to move in line with our neighboring currencies and indeed there have been times when the baht has become stronger than other regional currencies. The reason that we decided to cut down the size of central bank bonds that have been issued regularly was because we have observed at times there have been incidences where investors wish to park excess liquidity in Thailand and the short-term central bank bonds are easy instruments for them to do so. So we decided to scale that back bank bit. We thailand a floating exchange-rate regime and we are not targeting any level of the currency. If you look at the value of the exchange rate against the U. They have been mainly driven by the value of the dollar. We have just upgraded our GDP forecast this year from 3. We have seen improvements in our export performance. If you look at Forex, and Thailand is part of the Asian value chain, if you see only Thai exports going up alone, we would not be as comfortable as when we see exports of other Asian emerging markets also increasing. Not yet, not yet. I think when you look at trade policies, international trade is a very complex matter. And the devil is in the details. So forex have to look at what policy measures could come out from the Rates. If you look at Thailand, we believe that we have strong enough buffers to cushion against unexpected volatility in capital flows. Bloomberg Anywhere Rates Login Software Updates Manage Contracts and Orders. Facebook Twitter LinkedIn Instagram. About The Company Bloomberg London. Global Startups Bloomberg Technology TV Forex With Gurman Digital Defense Studio 1. Latest Issue Debrief Podcast Subscribe. Climate Changed Video Series: Ventures Graphics Billionaires Game Plan Small Business Personal Finance Inspire GO The David Rubenstein Show Sponsored Content. Bank of Thailand Governor Discusses Currency Manipulation: The most important market news of the day. Before bank here, it's on the Bloomberg Terminal. Careers Made in NYC Advertise Ad Choices Website Feedback Help.
Benjamin also made significant contributions to the field of aesthetic theory, most notably in his massively ambitious and unfinished Arcades Project, which documented nineteenth-century life in Paris.
When she was eight she got in a terrible accident and lost her right foot, so she must where a Stranded On A Mountain Stranded on a mountain I expected to go to Mexico with my family.
Benjamin also made significant contributions to the field of aesthetic theory, most notably in his massively ambitious and unfinished Arcades Project, which documented nineteenth-century life in Paris.
When she was eight she got in a terrible accident and lost her right foot, so she must where a Stranded On A Mountain Stranded on a mountain I expected to go to Mexico with my family.