Business leaders have expressed concerns that the repidly appreciating baht could dampen exports and suggest business
operators hedge foreigh exchange risks.
The monthly meeting of the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) yesterday heard the disquiet over the increasing volatility of foreign exchange.
Predee Daochai, chairman of the thai Bankers' Association (TBA), said businesses with heavy foreign exchange exposure
should pay attention to risk management by hedging the baht.
Since Britain's Brexit vote in late June, the baht has moved up rapidly in line with regional currencies.