Thailand holds interest rate, as MPC forecasts 3.2% GDP growth

BANGKOK (The Nation/Asia News Network): The Bank of Thailand's Monetary Policy Committee (MPC) on Wednesday (March 30) decided to maintain the policy interest rate at 0.50 per cent to support the country’s economic recovery.

MPC secretary Piti Disyata said that the committee forecast GDP growth at 3.2 per cent in 2022 and 4.4 per cent in 2023 due to the recovery in domestic demand and the tourism sector.