Bank of Thailand insists current policy interest rate ‘appropriate’ despite call by govt to cut rates

Image from The Nation Thailand/ANN

BANGKOK (The Nation Thailand/ANN): The current policy interest rate in Thailand is quite appropriate to the country's economic landscape and recovery pace, the Bank of Thailand (BOT) has insisted

The statement is the latest response to the current debate which has seen some business leaders and analysts complain that interest rates should be reduced further because inflation has already slowed down.