Off The Wire
Thai economic fundamentals can withstand global volatility -c.bank chief
BANGKOK, Feb 22 (Reuters) - Thailand's economic fundamentals remain strong and can withstand volatility in capital movements, Bank of Thailand Governor Veerathai Santiprabhob said on Thursday.
"The Thai economy is strong and can withstand global volatility to some extent," Veerathai told a business seminar.
"We have low foreign debt, very good foreign currency liquidity, high foreign reserves and a strong banking system."
(Reporting by Kitiphong Thaichareon; Writing by Orathai Sriring; Editing by Richard Pullin)
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.
