ThaiCentralBank

Thai Central Bank Leadership Battle Concludes with Compromise Candidate Selection

1 month ago

The ongoing dispute regarding the leadership of Thailand's central bank has finally reached a resolution. After weeks of contention, the Thai government has successfully settled on a compromise candidate to assume the critical role of the Bank of Thailand's governor. This decision comes amidst growing concerns over the country's economic trajectory and the vital need for stability in monetary policy direction.

Thai Central Bank Governor Signals Unlikely Rate Cuts Ahead Amid Economic Stability Concerns

6 months ago

The Governor of the Bank of Thailand, Sethaput Suthiwartnarueput, has indicated that the possibility of further interest rate cuts is minimal, primarily due to ongoing economic stability and persistent inflationary pressures. This statement comes in the wake of the central bank's recent decision to maintain its benchmark interest rate at 2.5%, a level it has held since the last reduction in the previous year.