Prasarn pledges loose monetary policy until structural shift bears fruit

Prasarn Trairatvorakul
Prasarn Trairatvorakul

Thailand's central bank governor has vowed to keep monetary conditions in the politically volatile country loose until structural reforms spur faster growth.

The Thai economy grew just 0.7% in 2014, weighed down by falling exports, high household debt, and a stronger baht.

Political uncertainty, meanwhile – Thailand's democratically elected government was toppled in a military coup in May – deterred private investment and scared off tourists.

Earlier this month, the Bank of Thailand (BoT) cut it

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: