Thai central bank closely monitoring volatile and weak baht but says no signs unusual capital flows


FILE PHOTO: Thailand's central bank is seen at the Bank of Thailand in Bangkok, Thailand April 26, 2016. REUTERS/Jorge Silva

BANGKOK, Oct 22 (Reuters): Thailand's central bank said on Saturday it was closely monitoring a volatile, weak baht amid global financial volatility, but there have been no signs of unusual capital movements yet.

The Bank of Thailand, in a text message to reporters following recent rapid baht falls, said the currency's weakness has been mainly driven by dollar strength.

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