Bloomberg News

Thai Core Inflation Won’t Exceed Target This Year, Prasarn Says

October 04, 2011

Oct. 4 (Bloomberg) -- Thailand’s core inflation won’t exceed the target this year because of government measures that lowered fuel prices, central bank Governor Prasarn Trairatvorakul said today.

Bank of Thailand recently sold dollars to prevent excessive volatility, he told reporters in Bangkok today.

“We have sold dollars, but not much,” he said. “We tried to prevent excessive movement.”

To contact the reporter on this story: Suttinee Yuvejwattana in Bangkok at suttinee1@bloomberg.net

To contact the editor responsible for this story: Daniel Ten Kate at dtenkate@bloomberg.net


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