Thailand Central Bank Sees Current Interest Rate Robust to Many Scenarios

June 25, 2024, 01.49 PM | Source: Reuters
Thailand Central Bank Sees Current Interest Rate Robust to Many Scenarios

ILUSTRASI. Thailand's central bank is seen at the Bank of Thailand in Bangkok, Thailand April 26, 2016. REUTERS/Jorge Silva/File Photo GLOBAL BUSINESS WEEK AHEAD PACKAGE SEARCH BUSINESS WEEK AHEAD JUNE 27 FOR ALL IMAGES

GLOBAL ECONOMY - BANGKOK - Thailand's current benchmark interest rate of 2.5% is "quite robust to many scenarios", an assistant central bank governor said on Monday, shrugging off government pressure that monetary policy is too tight.

Piti Disyatat also said in an interview with Suthichai Live channel that the central bank did not want a high inflation rate, but a rate that is anchored.

Thanks for reading Kontan English.
Please create account or log in.

Only Rp5,000 to continue reading.

BUY NOW!
Editor: Syamsul Azhar
Latest News