More Action to Restrain Baht is Likely, Says Thai Finance Minister

More Action to Restrain Baht is Likely, Says Thai Finance Minister

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

FREE Resource

The transcript discusses measures to cool the currency, focusing on capital outflow rules and the stability of exchange rates. It explores the potential for capital controls and the fair value of the Thai baht, with insights into the Bank of Thailand's possible interventions. Concerns about escalating household and public debt are addressed, emphasizing the need for GDP growth. The impact of protests on economic recovery is considered, with an optimistic outlook on Thailand's future.

Read more

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary goal of the policy discussed in the first section regarding the Thai currency?

To decrease the value of the Thai baht

To impose capital controls

To stabilize exchange rates for exporters

To increase the value of the Thai baht

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is the Bank of Thailand cautious about intervening in the currency market?

Fear of being labeled a currency manipulator by the US

Lack of resources to intervene

Desire to increase the value of the baht

Pressure from local businesses

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the current public debt to GDP ratio mentioned in the second section?

70%

30%

60%

49.4%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How do the ongoing protests affect the Thai economy according to the third section?

They have a significant impact on the economy

They have a limited impact due to their timing and location

They completely halt economic activities

They only affect the economy during the day

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the attitude of the ministry towards the economic recovery of Thailand?

Concerned about the future

Indifferent to the current situation

Optimistic despite the protests

Pessimistic due to ongoing challenges