More Action to Restrain Baht is Likely, Says Thai Finance Minister

The transcript discusses measures to cool the currency, focusing on capital outflow rules and the stability of exchange rates. It explores the potential for capital controls and the fair value of the Thai baht, with insights into the Bank of Thailand's possible interventions. Concerns about escalating household and public debt are addressed, emphasizing the need for GDP growth. The impact of protests on economic recovery is considered, with an optimistic outlook on Thailand's future.

What is the primary goal of the policy discussed in the first section regarding the Thai currency?

• To decrease the value of the Thai baht

• To impose capital controls

• To stabilize exchange rates for exporters

• To increase the value of the Thai baht

Why is the Bank of Thailand cautious about intervening in the currency market?

• Fear of being labeled a currency manipulator by the US

• Lack of resources to intervene

• Desire to increase the value of the baht

• Pressure from local businesses

What is the current public debt to GDP ratio mentioned in the second section?

• 70%

• 30%

• 60%

• 49.4%

How do the ongoing protests affect the Thai economy according to the third section?

• They have a significant impact on the economy

• They have a limited impact due to their timing and location

• They completely halt economic activities

• They only affect the economy during the day

What is the attitude of the ministry towards the economic recovery of Thailand?

• Concerned about the future

• Indifferent to the current situation

• Optimistic despite the protests

• Pessimistic due to ongoing challenges