June 21, 2018 / 3:19 AM / a month ago

Thai baht still moves in line with economic fundamentals -c.bank chief

BANGKOK, June 21 (Reuters) -

* Moves of Thailand’s baht are still in line with the country’s economic fundamentals and global market conditions, Bank of Thailand Governor Veerathai Santiprabhob told reporters on Thursday.

* Baht was trading at more than seven-month lows against the U.S. dollar on Thursday.

* Thailand has strong external position to withstand any impact of global trade protectionism.

* More downside risks to Thailand’s exports from global trade protectionism; some industries may be indirectly affected. (Reporting by Satawasin Staporncharnchai; Writing by Orathai Sriring; Editing by Richard Borsuk)

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