BoT Governor defends weaker Thai Baht, says weaker currency is nothing to worry

[SmartyMarty]

If you need a prime example of the economic mismanagement of this govt, the weak baht serves.

[hotchilli]

On 7/12/2022 at 2:59 AM, webfact said:

‘If you ask me whether the baht depreciation was abnormal, odd, or has gone completely too far from other currencies, my answer would be no,” Sethaput said at a seminar today.

They've finally realised a lower baht will increase spending and ease exports.

Edited July 12, 2022 by hotchilli

[zzaa09]

1 hour ago, hotchilli said:

They've finally realised a lower baht will increase spending and ease exports.

It's a dull light, but a light nonetheless. 

[jacko45k]

1 hour ago, hotchilli said:

They've finally realised a lower baht will increase spending and ease exports.

Not helping with fuel costs and hence hitting inflation. 

[freedomnow]

Currencies going up or down - double-edged sword.

 

It's benefit/problems depends on the economic sector you focus on that are using it.