Turmoil on the foreign currency markets following Thailand’s decision last week to float the baht will soon subside, Finance Minister Hiroshi Mitsuzuka predicted July 11.

News services quoted sources July 11 as saying that Japan will extend up to $1 billion dollars in emergency loans to Thailand, with U.S. Treasury securities to be used as collateral.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.