Thailand's next central bank chief champions rate cuts to revive growth


FILE PHOTO: Thailand's central bank is seen at the Bank of Thailand in Bangkok, Thailand. REUTERS/Jorge Silva

BANGKOK: Vitai Ratanakorn, the incoming governor of the Bank of Thailand, by his own admission, will start his new job in October at a difficult time.

Growth in Southeast Asia's second-largest economy has stalled, tense negotiations with the United States over trade tariffs continue, industrial sentiment is tepid and critical sectors, including tourism and manufacturing, aren't firing.

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