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| | | FX Flash
by Saktiandi Supaat |
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| | | The appreciation of the THB against the USD had created angst among policy makers. The BoT issued a statement on 21 Aug (Mon) that it might consider extra measures to limit speculation in the THB. For now, the BoT will require "commercial banks to provide additional information of usually high volume of transfers between non-resident THB accounts, which may relate to baht speculation". This could limit further downside to the USDTHB in the near term ... | |
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