Acting Prime Minister Prawit Wongsuwan has asked the Finance Ministry to closely monitor the weak baht and its volatility and seek broad opinion to determine policies, a government official said on Tuesday.
There were concerns about weakness in the currency and also oil prices, spokesperson Anucha Burapachaisri told a briefing after a weekly cabinet meeting.
The baht has been trading at its weakest level in more than 15 years against the dollar.
However, industrial sentiment improved in August, hitting its 11-month high, as consumers had more confidence in the Thai economy, Mr Anucha said.
The cabinet approved an investment budget of 276 billion baht for state-owned enterprises in the 2023 fiscal year starting Oct 1, he added.
Gen Prawit is currently serving as caretaker while premier Prayut Chan-o-cha remains suspended pending a court verdict on his tenure as leader, which is scheduled for later this month.
On Saturday, Finance Minister Arkhom Termpittayapaisith said Southeast Asia's second-largest economy was expected to grow 3% to 3.5% this year, and 3% to 4% next year, helped by tourism, exports and public investment.
