Thailand central bank awaits tourism revival, to hold interest rates for another year

BENGALURU, Feb 7 (Reuters): Thailand's central bank will wait for at least a year before raising interest rates from record lows to support the tourism-dependent economy hit hard by coronavirus-related travel restrictions, a Reuters poll found.

Economic growth in the Southeast Asian nation is yet to return to pre-pandemic levels and the recovery continues to be fragile due to an outbreak of the Omicron coronavirus variant that crippled the crucial tourism industry.