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

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

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Business

University

Hard

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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.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the speaker's view on the possibility of imposing capital controls?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the speaker's perspective on household debt in rural areas?

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