Thailand central bank says policy fully accommodative; no rate cuts now
Thailand’s central bank said monetary policy is fully accommodative and it is not appropriate to reduce interest rates now, though there remains room for further cuts. Policy interest rate is 1.00%.
Thailand's monetary policy is fully accommodative and it is not appropriate to reduce interest rates now, though there is still room for further cuts, the central bank said on Thursday.The current policy interest rate (THCBIR=ECI), at 1.00%, is appropriate for the present situation and for supporti…