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Bangkok Post
Bangkok Post
Business

Bank of Thailand 'closely monitoring' weakest baht in 5 years

A man holds up a newly unveiled 20-baht polymer banknote at the Bank of Thailand headquarters in Bangkok, Thailand, Jan 20, 2022. (Photo: Reuters)

The Bank of Thailand (BoT) on Thursday said the movement of the baht has had limited impact on inflation and the economy, after the currency reached its weakest rate against the US dollar for five years on Thursday.

"The Bank of Thailand is closely monitoring the situation and is ready to take care of the baht if necessary," Assistant Governor Alisara Mahasandana told a virtual briefing.

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