"Minister Treasury expected the baht depreciated touch 35 baht per US dollar . Point is not the right moment to downgrade Thailand's policy rate down. "
"You mean the tax minister, said library now have the opportunity to see the baht weakened to 35 baht per US dollar . This is a result of the US financial superpower. To pull the currency back. After quantitative easing ( ) in the past. With the release of interest rate policy. Considered as financial theory, anyway. To make investors turn to hold the dollar down. As a result, the baht weakened the view that the weakening of the baht now. Not about the measures taken by the Bank of Thailand (BOT.) Or the Committee ( MPC ). But somehow all in the direction of the market total. Because the money in various currencies also weakens as Sommai said that now is not the right moment to cut its policy rate to Thailand. Due to the economic situation in the country is not normal. So, despite the interest rate cuts would not help to recover money for investors certainly increase. Because of the lower interest rates to stimulate the economy is a theory that is done in the normal economy. Do not generally possible. "
Mr Al Prof. Russ Korn, Deputy Chairman of the Chamber disclosure items. Ligaments. Ligaments. Focus economy, the rate of exports from Thailand. Negative growth in the first half. It is not the expectation of the private sector. A negative 7.87 per cent, but if the idea is to export part of the baht down 5.12 per cent, which makes the private sector revenues increased 3 percent if you think in the baht. You must accept that BOT Has implemented a policy to take care of the exchange rate. Is appropriate And then come to the view that the government should speed up the restructuring by reducing reliance on exports. Since the market began to change. By reducing reliance on imports, exports made a negative in several countries, both on the part of China, the US and the EU. With imports down drastically.
As seen in the exports of that year. Believed to still be negative numbers. The government should modify the target border trade. Instead of exporting to foreign countries. And focus on the part of the trade with the AEC sector continued to expand at a rate of 3 percent.