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 Bank & Finance
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21 Dec 06 23:00
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Bank urged to more carefully manage monetary policy
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TNA
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BANGKOK, Dec 22 - The Bank of Thailand should exercise greater care in managing the monetary policy and the currency exchange rate, according to a leading Thai economist.
Commenting on the Bank of Thailand's (BoT) decision to impose a 30 per cent reserve requirement on short-term capital inflows, Ammar Siamwalla, distinguished scholar at the Thailand Development Research Institute (TDRI), said the central bank should cut the policy interest rate in a first move to curb the baht...
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