Strong Baht Sparks Alarm Among Thailand’s Top Economic Officials

Top Thai economic officials sounded alarm over the baht’s surge to a five-year high, with the finance minister calling it a “very big concern” and the central bank chief saying...

By Suttinee (Ying) Yuvejwattana, Randy Thanthong-Knight · Bloomberg Markets

Top Thai economic officials sounded alarm over the baht’s surge to a five-year high, with the finance minister calling it a “very big concern” and the central bank chief saying that efforts to rein in the currency have had limited impact.