Yingluck pledge to tackle strong baht
- Published: 14 May 2013 at 16.04
- Online news:
The government has pledged to tackle the appreciation of the baht by stepping up interest rate discussions between the Finance Ministry and the Bank of Thailand, Prime Minister Yingluck Shinawatra said.
Prime Minister Yingluck Shinawatra speaks next to Finance Minister Kittirat Na-Ranong during a debate in Parliament in this file photo. The government wants to tackle the strong baht by holding discussions on interest rates with the Bank of Thailand. (AFP Photo)
Ms Yingluck said the cabinet has authorised Finance Minister Kittiratt Na-Ranong to press ahead with meetings to address the issue, bringing together representatives from government, the central bank and the private sector.
Ms Yingluck said the meetings would consider how to stabilise the strong baht, in order to protect manufacturers and exporters in the private sector.
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