Weakening Russian Ruble not affecting Thai economy yet

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BANGKOK, 19 December 2014  Prime Minister Prayut Chan-o-cha has instructed an economic team to monitor the Russian currency crisis for fear that it would affect the Thai economy.

General Prayut told members of the economic team to closely observe a possible impact of the weakening Russian Ruble on the Thai economy after the currency has collapsed around 45% against the US dollar so far this year.

The Prime Minister insisted that his government has taken a proactive approach in promoting economic growth while maintaining a global perspective.

General Prayut admitted he was concerned about the direction of the economy, politics and society next year. He added that as long as the situation in the country is stable and peaceful, the international community will have more confidence in Thailand.