Thai central bank keeps a close eye on baht – Finance Minister

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BANGKOK: Thailand’s central bank is closely monitoring the baht, the finance minister said on Wednesday, as the currency hit its lowest level in nearly 16 years.

Finance Minister Arkhom Termpittayapaisith told reporters that the central bank will ensure that the weakness of the Thai currency will not affect the economy. The baht traded at 37.15 per dollar on Wednesday, the weakest since December 2006.

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