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![]() ![]() Thailand Money and Banking https://photius.com/countries/thailand/economy/thailand_economy_money_and_banking.html Sources: The Library of Congress Country Studies; CIA World Factbook
Thailand's performance in managing its money and banking affairs through successful development and diversification of its financial institutions was impressive in the 1960s and 1970s. However, economic imbalances in the early 1980s and the rising tendency of governmental intervention put the financial sector under stress, thus reducing its efficiency in resource mobilization and allocation. Efforts to remedy the economic imbalances in the Fifth Economic Development Plan included restructuring monetary, exchange rate, and interest rate policies; strengthening the open securities market; and encouraging competition among financial institutions. Data as of September 1987
NOTE: The information regarding Thailand on this page is re-published from The Library of Congress Country Studies and the CIA World Factbook. No claims are made regarding the accuracy of Thailand Money and Banking information contained here. All suggestions for corrections of any errors about Thailand Money and Banking should be addressed to the Library of Congress and the CIA. |
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