"We look at it in such a way that as long as we have a current-account surplus, that's where the baht's level is appropriate," Thanong said in an interview in Singapore on Sunday. "The baht was quite weak in the previous two years, so it's a readjustment with trading partners."
Rising exports and tourism revenue helped caretaker Thai Prime Minister Thaksin Shinawatra's government post a current-account surplus for a second month in July and has contributed to a strengthening of the nation's currency.
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