BoT chief saving firepower as trade fears mount


Veerathai Santiprabhob, governor of the Bank of Thailand, speaks during an interview in Bangkok, Thailand, on Tuesday, Dec. 6, 2016. Thailands central bank is making sure it keeps enough ammunition in store to respond to a downturn in world trade amid a wave of anti-globalization sentiment thats swept from the U.K. to the U.S. Photographer: Brent Lewin/Bloomberg

BANGKOK: Thailand’s central bank is keeping enough ammunition in store to respond to a downturn in world trade amid a wave of anti-globalisation sentiment that’s swept from the UK to the United States.

With global risks rather than domestic ones dominating policy makers’ attention, Bank of Thailand governor Veerathai Santiprabhob (pic) said the monetary authority is ready to take action if there’s a significant threat to the economy’s recovery.

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