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Thai c.bank concerned about baht leap, no pressing need for QE

·1 min read

LONDON, Nov 24 (Reuters) - Thailand's central bank governor said on Tuesday the speedy rise of the country's baht currency was causing concern, but played down the chance of launching unconventional measures such as mass bond purchases any time soon.

"All reasonable options are on the table with monetary policy," Sethaput Suthiwartnarueput said during an emerging market conference organised by the Institute of International Finance.

"(However) the liquidity in Thailand and the system is still adequate, so the necessity of trying to do unconventional measures like quantitative easing now at this present juncture does not seem so pressing in our context."

The Thai central bank left its benchmark interest rate unchanged at an all-time low of 0.50% for a fourth straight meeting last week, having three cuts earlier in the year. (Reporting by Marc Jones; editing by Karin Strohecker)