Thailand’s economic growth outlook of 2.8% next year is “disappointing” and policy makers are doing what they can to curb excessive gains in the currency, Governor Veerathai Santiprabhob said.
A “satisfying” level of growth should be about 3.5%-4% a year, the governor said in a speech in Bangkok on Monday. The Bank of Thailand is “actively managing the exchange rate” and monitoring short-term foreign inflows closely to avoid speculation in the baht.
