Thailand to Avoid Currency Fight as Shadow of 1997 Crisis Looms

Thailand’s Finance Minister Kittiratt Na-Ranong said the central bank should avoid fighting market forces to stem currency gains, heeding a lesson from the 1997 Asian financial crisis. “The shadow of 1997 is there,” Kittiratt said in an interview in Bangkok. “I will never encourage Bank of Thail…

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Thailand to Avoid Currency Fight as Shadow of 1997 Crisis Looms

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