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2026-07-13 11:22:01
[Bank of Thailand Governor: Continued US Pressure Limits Thai Baht Management Due to Exchange Rate Commitment] (1) Bank of Thailand Governor Vitai Ratanakorn stated at a meeting in Songkhla Province that the central bank faces significant limitations in managing the Thai baht due to close monitoring and ongoing communication with the US authorities. (2) He pointed out that Thailand had previously made a commitment to the US not to manipulate the exchange rate for trade advantages, a commitment that directly constrains the central bank's ability to intervene in the foreign exchange market. (3) The US has consistently paid close attention to the baht's exchange rate and related policies, and maintains close communication with the Bank of Thailand.
