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Bangkok Post
Bangkok Post
Business

Bank of Thailand says no unusual capital movements as baht falls

The baht has weakened 8.8% against the dollar so far this year. (AFP photo)

The Bank of Thailand (BoT) on Wednesday said it had seen no unusual capital movements and the weakness in the baht currency was mainly driven by the strength of the US dollar.

The BoT, in a text message to reporters, said the country's external position and financial stability remained strong.

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