Saturday, Apr 27 2024 | Time 00:50 Hrs(IST)
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World


Strong Thai baht in line with regional peers - c.bank chief

BANGKOK, Nov 16 (Reuters) The strengthening of Thailand's baht is in line with regional currencies, driven by a weaker US dollar, the central bank governor said on Thursday, as the currency hit more than 30-month highs against the greenback.
Exchange rates will continue to be volatile so business operators should hedge against that risk, Bank of Thailand Governor Veerathai Santiprabhob told reporters.
"But I don't want (you) to focus on the level (of the baht), whether it will breach this and that. It can go up and down," he said.
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