A man walks past an electronic board displaying forex prices at a currency exchange on Sept 30. Pornprom Satrabhaya Industry leaders have called on the government and related authorities to do more to prevent the depreciation of the baht and mitigate the impact of the Bank of Thailand's latest policy rate ...
See Details: Caught in a vicious currency cycle
Companies want intervention to slow the baht's decline, but much of the activity is driven by the US dollar and there are negative consequences to repeated interest rate hikes.