(Bloomberg) -- Thailand's government plans to sell
more bonds domestically instead of borrowing from abroad to help
curb gains that have taken the currency to near 10-year highs,
Finance Minister Chalongphob Sussangkarn said.
``The baht is rising too fast,'' Chalongphop told reporters
in Bangkok today. ``Thailand's government will shift its overseas
borrowings to domestic borrowing.''
Read more at Bloomberg Currencies News
more bonds domestically instead of borrowing from abroad to help
curb gains that have taken the currency to near 10-year highs,
Finance Minister Chalongphob Sussangkarn said.
``The baht is rising too fast,'' Chalongphop told reporters
in Bangkok today. ``Thailand's government will shift its overseas
borrowings to domestic borrowing.''
Read more at Bloomberg Currencies News
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