31.   Satian said that if offshore parties fail to seek the baht in swap market, they may sell dollars to acquire baht in the spot market.

32.   Second, Bandid said, the BOT should open up the foreign-exchange swap market in the country so that the local banks could adjust their short-term liquidity.

33.   The baht also weakened in the swap market, where investors make agreements to buy and sell baht at fixed prices at fixed times in the future.

34.   The intervention would focus on the foreign exchange swap market, where settlements are due at a certain time in the future.

35.   The Thai currency was also much weaker in the swap market where investors make agreements to buy and sell baht at fixed prices at fixed times in the future.

36.   To avoid money laundering and speculative dollar buying, Bank Indonesia should check the identity of those buying in the swap market.