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"id": 120228,
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"type": "speech",
"speaker_name": "November 25, 2009 PARLIAMENTARY DEBATES 4022 Mr. Baiya",
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"speaker": null,
"content": "Mr. Deputy Speaker, Sir, I would like to thank the Assistant Minister for the attempt he has made to answer the Question. However, I do not think he has really understood my Question. He has accepted that the value of the US Dollar had gone down by 15 per cent in the last 18 months and this is not as a result of purely local economic factors. It has to do with some of the policies of the United States of America (USA) Government itself. The public debt of the USA is rising very highly. Other economies such as China, India and others are seeing those risks and have started taking precautionary measures. Are you aware of those risks and what measures are you taking? This is not purely internal. How are you handling the reserve? If it is purely in US Dollars, it means we are more exposed if anything were to happen. You will have no reserve to buy imports such as oil and the rest."
}