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Article asks Is BOT too focused on the short term?

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An article in The Nation asks whether the Bank of Thailand is focussing too much on the short term and risking the ability to tackle possible problems with economic fundamentals later on in its foreign exchange-rate management.

First published in The Nation, Thailand, 7 July.

Is the Bank of Thailand going back to the bad old habit of countering market forces in its foreign exchange-rate management without taking into account the long-term implications? Many analysts are expressing concern over the

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