BANGKOK -- The Thai baht has staged a strong recovery against the dollar after suffering a brief sell-off earlier this year, but central bankers and senior government officials are increasingly worried that continual strength in the currency could hit exports.
"We feel uncomfortable that some park their funds in our short-term bonds," Central Bank Gov. Veerathai Santiprabhob told reporters on the sidelines of a Stock Exchange of Thailand event recently. "We have more inflow than our neighbors who do not have such strong buffer like Thailand's."
