Federal Reserve moves do not affect local regulators
The Bank of Thailand is monitoring the baht’s volatility, especially against the dollar, and stands ready to look after the Thai currency if required.
..
Federal Reserve moves do not affect local regulators
The Bank of Thailand is monitoring the baht’s volatility, especially against the dollar, and stands ready to look after the Thai currency if required.
The Bank of Thailand is focusing primarily on domestic factors when considering adjustments to its policy rate, rather than following the US Federal Reserve’s recent rate cut, according to the governor of the central bank.
Speaking at a central bank symposium held on Friday, governor Sethaput Suthiwartnarueput said the Monetary Policy Committee typically bases its…