Thailand needs to keep policy space for future risks


BoT governor Veerathai Santiprabhob (pic) told Reuters on Friday the central bank planned to further relax rules on fund outflows by the end of the year to help balance flows.

BANGKOK: Thailand’s central bank saw a need to preserve monetary policy space to address possible future risks, when it kept its benchmark rate on hold last month, meeting minutes showed.

The Bank of Thailand (BoT) remains worried about the impact of the strength of the baht on South-East Asia’s second-largest economy and will consider implementing additional measures as needed, according to minutes of its Sept 25.

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Thailand , policy , space , future , risks , economy ,

   

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