BoT: Property price hike still manageable | Bangkok Post: business

Business > News

BoT: Property prices still manageable

Property prices in some areas have quickly increased but they will not affect the entire economy, Bank of Thailand governor Prasarn Trairatvorakul said on Sunday.

"The BoT does not see that the property price hike is caused by speculative inflows," Mr Prasarn said after the private sector called on the central bank to slow foreign capital inflows and tackle the bubble in the bond, stock and property markets.

He said the problem is not at a dangerous level and the BoT is still monitoring the situation.

This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.

Most Viewed

  • NESDB chief: Gold price drop temporary

    The decline in the global gold price will be only temporary and will rebound on speculation that Italy and other countries in Europe may have to sell gold reserves for debt repayment, the head of the NESDB said on Tuesday.

Forum

image

Your comments

  • borrocks

    AfghanistaPost : 229

    Send message

    Discussion 1 : 17 Feb 2013 at 17.071

    get ready for the next bubble..its all looking very dodgy, money will continue to flow into the Thai markets as its all flowing from the US and Europe due to their currency's being debased ....but watch it flow into another high profit Country when Thailand starts to implode

Reply

Sign in once and access every part of the website at your convenience!

Please log in to our Bangkokpost.com community to post your comment.
You can sign in to the community by clicking here.

If you are not part of the community yet, please sign up here. By being part of this community you will get all these privileges.