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 Bank & Finance
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07 Jan 07 21:34
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Thailand has no immediate plan to lift remaining capital controls
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Vipin Wilson
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Bangkok, Jan 8: Tarisa Watanagase, governor of the Bank of Thailand has said that the government has no plans to scrap the tough currency controls announced Dec. 19 to curb speculation on the baht, but the central bank is prepared to make some slight adjustments.
"The reserve policy will not be changed. It's not that we will scrap it in three or six months as people said because we don't want hot money. But we may make some adjustments," Reuters quoted Tarisa as saying.
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