Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Virabongsa Says Thailand an ‘Attractive Place for Hot Money’

Feb. 20 (Bloomberg) -- Virabongsa Ramangkura, chairman of Bank of Thailand, comments on efforts to stem capital inflows in Bangkok late yesterday. * Thailand is “attractive place for hot money because our

regulations are not that tight like China”: Virabongsa * BOT is concerned, but not panic-stricken yet; economic

growth at 4-5% not enough to cope with huge amounts of

inflows * Virabongsa says he can’t think what measures to use to slow

it down; using Tobin tax isn’t easy; direct controls like

reserve requirements or non-market measures have strong

side-effects

For Related News and Information: First Word scrolling panel: FIRST<GO> First Word newswire: NH BFW<GO>

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.