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Economy / Thailand

The BoT's Credibility Crisis

January 2007 | Economic Outlook

BMI View: The fallout from the Bank of Thailand (BoT)'s disastrous decision to impose stiff capital controls on inward equity investment is gathering pace. The lack of direction and leadership in Thai government circles is a cause for major caution and the interim government will be hard-pressed to regain the trust of domestic and international

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