Bank of Thailand revokes capital control measure
March 2nd, 2008 by admin
BOT revokes capital control measure
The Bank of Thailand eventually decides to scrap the 30 per cent capital reserve requirement, effective on Monday.
The measure has been in place since December 18, 2006.
Ahead of the press conference at 4pm, Amara Sriphayak, senior director of the bank’s domestic economy department, on Friday said that many factors support [...]
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