M.R. Pridiyathorn Devakul, Governor of the Bank of Thailand and Wharton Alumni (1970), gives a briefing to the Wharton Alumni Club. 1. Oil prices will remain over $50 per barrel for at least three years when supply will balance out demand. 2. Asian Central banks will create regional monetary alliance without need of a single currency. 3. Interest rates will rise to promote savings. 4. BOT actively monitoring Current Account balances.
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