BANGKOK : Thailand's finance minister said on Wednesday that there had been no impact on Thailand so far from problems facing some banks in the United States.
"Given our latest assessment, there has not been any impact. The bond market is still OK. A crisis in the U.S. has not had any effect on us yet," he said. The main Thai stock index rose 2.5 per cent at the lunchbreak after falling more than 3 per cent on Tuesday, its biggest one-day fall in three years, as global markets declined.
The government is ready to introduce necessary measures should there be any impact on Thailand from global volatility even if it was under a caretaker administration, he said.
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