Thai central bank undertakes 'heavy' baht intervention to ease volatility, chief says

Thai central bank undertakes 'heavy' baht intervention to ease volatility, chief says

BANGKOK, Dec 26 : Thailand's central bank has aggressively acted to ease volatility in the baht the central bank chief said on Friday, with the currency surging to its highest level against the dollar in more than four years.The baht has gained 10.3 per cent against the dollar so far this year to become Asia'

Thai central bank undertakes ‘heavy’ baht intervention to ease volatility, chief says

Governor says doesn’t want baht to be too strong and hit exporters, economy