Thai central bank keeps policy rate steady despite inflation pressure showing highest numbers since 2018


BANGKOK, June 11 (Xinhua): Thailand's central bank decided this week to keep the key policy rate unchanged to support the economic recovery, but signaled possible rate hikes ahead as inflationary pressure continued to mount.

The Bank of Thailand (BOT) monetary policy committee voted 4-3 to maintain the benchmark policy rate at a record low of 0.5 percent, for the 16th consecutive meeting and since May 2020.

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Thailand , Central Bank , Rates , Steady , Inflation , Rising High

   

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