FILE PHOTO: Uttama Savanayana, the Palang Pracharat Party leader, talks to reporters during a press conference in Bangkok, Thailand June 4, 2019. REUTERS/Soe Zeya Tun/File Photo
BANGKOK - Thailand's new finance minister said he will not interfere in the central bank's monetary policy decisions and will let it handle the strengthening baht currency.The ministry plans to introduce economic stimulus measures after the government has announced its policies in parliament next week, Uttama Savanayana told reporters.
The baht has appreciated about 5.9% against the dollar so far this year, threatening the export-dependent economy and its pivotal tourism.Our Standards:
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But you can act in advisory capacity, there is no monopoly of knowledge