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Thai central bank takes steps to suppress surging baht

Bank of Thailand 'ready to use additional measures' if speculative buying persists

The strong baht could end up harming Thailand's tourism-led economy if foreign travelers decide vacationing in the kingdom is too expensive.   © Reuters

BANGKOK -- Thailand's central bank on Friday introduced measures to keep the baht from further strengthening, now that the mighty currency has become an imminent threat to the kingdom's economy.

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