Thursday , July 26 , 2007
BOT's losses : it doesn't matter
Posted by
Oranan
,
Reader : 897
, 15:45:09
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I quite wonder why news about the central bank's losses incurred from the baht intervention always made big headlines in some Thai language business newspapers. They wrote in the way to blame the Bank of Thailand for such loss and this point raises doubt whether those editors and reporters really have insight about economics. Unlike firms, the central bank was founded as an independent government org....
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