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UPDATE 1-Thai policy rate to stay low, still fiscal room to support economy reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
By Reuters Staff
1 Min Read
BANGKOK, June 29 (Reuters) - Thailand’s central bank said on Tuesday it is considering adjusting the foreign exchange regulatory framework to help the economy better cope with volatility.
The adjustments include reducing foreign exchange limitations and facilitating hedging, it said in a statement.
The baht hit a 13-month low on Tuesday, pressured by a spike in coronavirus infections.
Reporting by Orathai Sriring, Kitiphong Thaichareon and Satawasin Staporncharnchai Editing by Ed Davies
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