BoT calls on exporters not to sell off USD  
 
Governor of the Bank of Thailand (BoT) Tarisa Wattanagase (¸ÒÃÔÉÒ ÇѲ¹à¡Ê) says BoT is ready to prevent the baht from fluctuating too much and encourages exporters not to speculate on the currency.

Mrs Tarisa says exporters should not sell off the U.S. dollar to speculate on the baht due to the flagging economy.

The baht value this morning stays at 33.13 baht a USD. Money traders say the Thai exporters keep selling off USD while BoT is trying to intervene by buying USD to prevent the baht from appreciating.
 

News ID: 255101170014
 
Reporter : RTI-Reporter05
     News Date : 17 January 2008

 
 		  
   
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