Economy / Thailand
If you would like to subscribe to South East Asia Monitor Vol 1 and gain instant access to this article, please click here to subscribe.
If you would like to take a trial to South East Asia Monitor Vol 1 please click on the trial link below.
Baht Market Convergence Will Be Gradual
December 2007 | Market AlertSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
If you would like to subscribe to South East Asia Monitor Vol 1 and gain instant access to this article, please click here to subscribe.
If you would like to take a trial to South East Asia Monitor Vol 1 please click on the trial link below.
As anticipated, the Bank of Thailand (BoT), having reduced the limit on foreign currency holdings, has adopted a gradual approach to removing capital controls. We therefore expect that while there will be a partial easing of liquidity, the onshore and offshore values of the baht will not converge until further controls are disbanded.