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 Bonds, Currencies & Commodities
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20 Dec 06 23:03
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Exporters back Bank of Thailand move to impose reserve requirement
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TNA
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BANGKOK, Dec 21 - The Bank of Thailand's decision to impose a reserve requirement on short-term capital inflows deserves support, since it would have a positive effect in the long run while the stock market
itself will be affected in the short run, according to top executives in the export sector.
Dej Pattanasetpong, President of the Federation of Thai Industries' Garment Club, said he supported the state measures to stem the baht speculation.
He said he saw it appropriate for the...
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