Thailand not a currency manipulator, says central bank chief

Veerathai warns that US trade protectionism could hurt global investment

Bank of Thailand Governor Veerathai Santiprabhob speaking to Nikkei in Bangkok on April 23. (Photo by Takaki Kashiwabara)

YUKAKO ONO, Nikkei staff writer

April 24, 2018 05:02 JST

BANGKOK -- Thailand does not intervene with foreign exchange rates to gain competitiveness in trade, its central bank chief said on Monday, amid rising concerns that the country may become the first in Southeast Asia to be placed under trade scrutiny by the U.S.