The Treasury is ready to discuss with the Governor of the Bank of Thailand to take care of the value of the baht and the inflation framework.

Business

Mr. Pichai Chunhavajira, Deputy Prime Minister and Minister of Finance, said that after the baht continued to appreciate, opening the market this morning at 32.40 baht per dollar, he picked up the phone to discuss with Mr. Sethaput Suthiwatanaruput, Governor of the Bank of Thailand (BOT), admitting that they had continuous discussions over the phone to exchange information closely in order to take care of the baht during the period of volatility and continued appreciation. For the 'Your Data, Your Data, Your Choice' event of the BOT on October 3, the BOT has written a letter inviting the Deputy Prime Minister and the Minister of Finance to give opening remarks at the event. Therefore, the Ministry of Finance and the BOT must discuss the management of the currency and the inflation framework together to find a joint conclusion in October 2024. Source: Thai News Agency