1. Particularly at the moment, it needs to work on stabilising the baht and easing the liquidity crunch as soon as the chance allows. 2. Additional stand-by credit would ease liquidity and stabilise the baht, paving the way for interest rates to fall. 3. Due to the high cost of funds resulting from high interest rates to stabilise the baht, businesses are not able to manage cash flow. 4. Finance Minister Tarrin Nimmanahaemida has staunchly defended the high interest rate policy to stabilise the baht, arguing that the policy is merely short term. 5. However, the moves failed to stabilise the baht in the next two weeks as ensured by former governor Rerngchai Marakanond. 6. However, dealers expected this measure aimed at stabilising the baht to be short-lived amid the bearish market sentiment across the region. 7. Investment by these fund managers would help stabilise the baht by injecting hard currencies into the financial system. 8. Stabilising the baht will depend on the momentum of dialogue between Thailand and the United States, Teerana Bhongmakapat, an economics lecturer at Chulalongkorn University, said. 9. They need clear government policies to restore investor confidence, stabilise the baht and shorten the tax claim process. 10. To help stabilise the baht, BOT senior assistant governor Siri Ganjarerndee noted that the government should quicken the implementation of its financial bailout plan. |