Benchmark interest rate kept at 1.5 percent for the 19th time

By Chalarntorn Yothasmutra

 

 

The Bank of Thailand’s Monetary Policy Committee on Wednesday unanimously decided to retain the benchmark interest rate at 1.5 percent.

 

Mr Chaturong Chantharangsi, the central bank’s assistant governor for monetary policy, said it was the 19th time that the committee decided to retain the policy rate at 1.5 percent which will enable the economy to further expand.

Although there are clearer signs of increased demands, he said that the Monetary Policy Committee was still concerned and would continue to closely follow up the recovery of domestic demands and would attach importance on economic growth.

 

Full story: http://englishnews.thaipbs.or.th/benchmark-interest-rate-kept-1-5-percent-19th-time/

 

-- © Copyright Thai PBS 2017-09-28

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