The economy is strong enough to withstand the impact from continuous volatility in the global financial and capital markets because of the country's limited exposure to foreign-denominated debt, says the Bank of Thailand. 

"For the macroeconomic view of Thailand, we do not have to worry because we have several buffers on the external front. Many emerging-market countries are more sensitive towards [developments in] the global financial and capital markets than Thailand due to their reliance on substantial foreign borrowing," said governor Veerathai Santiprabhob.

"We do not have a lot of exposure to foreign borrowing in either the public or private sector." 

Credit and view full story at Bangkok Post