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Economy
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19 Dec 06 09:38
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'Unusual' foreign capital inflow a risk, says deputy premier
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TNA
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BANGKOK, Dec 19 - Thai Deputy Prime Minister and Industry Minister Kosit Panpiemras on Monday conceded that the continuing foreign capital inflows from abroad, unabated at present, are unusual and that most flowed into Thailand purely for speculation on the bath.
He said the Bank of Thailand is quite aware, having gathered data, and that it has assessed the situation and the provenance of the unusual capital movements.
However, the central bank needed more time to respond appropriately with...
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