Thailand holds policy as expected
BoT says Middle East conflict has had direct impact on domestic growth
Thailand’s central bank has kept rates at 1%, as expected, and said the war in the Middle East is having a direct impact on growth in the country.
Bank of Thailand (BoT) monetary policy chief Don Nakornthab said in a statement today (April 29) that the bank’s six-member policy committee had reached the decision to hold unanimously. “Thailand’s economic expansion is projected to moderate, as the war in the Middle East has a direct impact on growth by increasing business costs and eroding household
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