|
devalue baht
|
3.49 |
|
That same month, Thailand devalued the baht. |
|
defend baht
|
1.84 |
|
Why did he want to defend the baht? |
|
float baht
|
1.51 |
|
Chavalit was forced to float the baht. |
|
buy baht
|
0.86 |
|
Those investors will be targeted as they try to buy baht back, he said. |
|
stabilise baht
|
0.72 |
|
Additional stand-by credit would ease liquidity and stabilise the baht, paving the way for interest rates to fall. |
|
sell baht
|
0.66 |
|
Investors sold the baht as they sold Thai assets. |
|
peg baht
|
0.53 |
|
Thailand eventually had to abandon its policy of pegging the baht to a basket of currencies, primarily the dollar. |
|
support baht
|
0.46 |
|
The central bank mainly supported the baht by buying dollars in the foreign exchange market. |
|
protect baht
|
0.33 |
|
He said his government needed to strike a balance between high interest rates to protect the baht and export competitiveness. |
|
attack baht
|
0.26 |
|
Soros has denied attacking the baht, which the government allowed to float in July last year. |
|
borrow baht
|
0.26 |
|
In such transactions, traders borrow baht and immediately sell them, hoping to buy them back later at a weaker rate. |
|
drive baht
|
0.26 |
|
Chatu Mongol said the weakened baht is driven by natural causes. |
|
overvalue baht
|
0.26 |
|
Chaiyawat would argue that the baht was not overvalued. |