Strong baht yet to affect growth - finance minister | Bangkok Post: business - News Summed Up

Strong baht yet to affect growth - finance minister | Bangkok Post: business


A bank employee gathers Thai baht notes at a Kasikornbank in Bangkok, Thailand, May 12, 2016. (Reuters file photo)Economic growth has not yet been affected by a strong baht, the finance minister said on Thursday, as the currency hovered near 26-month highs against the dollar. "The baht's strength has not yet affected growth. We believe big business sectors can still handle it although SMEs may see some impact," Apisak Tantivorawong told reporters. The finance ministry has forecast economic growth of 3.6% this year after 3.2% growth last year.


Source: Bangkok Post July 20, 2017 04:07 UTC



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