• 09/21/2024

Thailand pushes yuan, ringgit use to curb baht volatility, reduce risks against US dollar

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

The Bank of Thailand expects greater use of regional currencies to help reduce exchange risk as they often move in tandem with the baht, according to assistant governor Alisara Mahasandana.

https://www.scmp.com/business/banking-finance/article/3230340/thailand-pushes-yuan-ringgit-use-curb-baht-volatility-reduce-risks-against-us-dollar?utm_source=rss_feed