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BOT chief aims to sharpen tools to counter risks

By rooster59
December 24, 2016 in Jobs, Economy, Banking, Business, Investments

https://aseannow.com/topic/960162-bot-chief-aims-to-sharpen-tools-to-counter-risks/

BOT chief aims to sharpen tools to counter risks

By SUCHEERA PINIJPARAKARN
THE NATION

RISING volatility, uncertainty and complexity and ambiguity in addition to disruptive technologies pose new challenges to financial system stability, and the Bank of Thailand needs to use more financial instruments to deal with the threats to the system, BOT Governor Veerathai Santiprabhob said.

He also said the monetary transmission mechanism – the process by which asset prices and general economic conditions are affected as a result of monetary policy decisions – must be assessed regularly.

Full story: http://www.nationmultimedia.com/news/business/EconomyAndTourism/30302747