Bank of Thailand leaves policy rate unchanged

18 November 2020
The Nation
Banking and financial services policy and regulation / Economy and commerce
economic recovery / policy rate / Thai economy

At a meeting on Wednesday, the Bank of Thailand’s Monetary Policy Committee (MPC) voted unanimously to maintain the policy rate at 0.5 per cent to support economic recovery, while placing emphasis on more targeted measures, MPC secretary Titanun Mallikamas said.

The committee believes that despite the recent better-than-expected results, the Thai economy will recover slowly and will need support from continued low policy rate.

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 The Nation Reporter

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Bank of Thailand leaves policy rate unchanged

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