Orathai Sriring

Thailand's finance minister said on Wednesday that the country has not engaged in currency manipulation, and said the central bank has the tools to manage the currency without resorting to intervention.

The United States and Thailand on Sunday announced a framework for reciprocal trade that would see the U.S. maintain a 19% tariff on Thai products while identifying products where tariffs could potentially be adjusted or cut to zero.

Thailand's central bank will maintain its accommodative monetary stance to support the economy and remains ready to adjust policy settings as needed, officials said on Wednesday, amid expectations that GDP had fallen in the third quarter.

Thailand's Board of Investment will speed up investment projects worth 300 billion baht ($9.22 billion) over the next four months, the head of the agency said on Friday, as the government tries to revive a sluggish economy.

Thailand's central bank left its key interest rate steady on Wednesday, surprising markets which had expected another cut as the economy struggles with a strengthening baht , negative inflation and U.S. tariffs.

Thailand's finance minister said on Wednesday that he had urged the central bank to ensure the Thai baht is not too volatile, as the government rolled out measures to boost consumption and tourism to revive the struggling economy.

Thailand's central bank has intervened to slow the Thai currency's movement, an assistant governor said on Friday after the baht rose to its strongest levels in four years, threatening the country's struggling economy.

The strengthening of Thailand's currency to a four-year high is a threat to exports and tourism, two key growth engines for the struggling economy and posing a major economic headache for the incoming government of Prime Minister .

Thailand's central bank is considering a tax on gold trading as well as other measures to stabilise the soaring baht , its governor said on Tuesday, as the currency hit a four-year high driven by a weaker dollar as well as surging gold exports to neighbouring Cambodia.

Thai Prime Minister Anutin Charnvirakul said on Monday that the strength of the baht currency needs to be urgently addressed and that it would be discussed later in the day.