Bank of Thailand Plays Down Possibility of More Rate Cuts - Business News, Finance News, Share Market News - Market trendz

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Wednesday 9 September 2020

Bank of Thailand Plays Down Possibility of More Rate Cuts



Sep.08 -- The outgoing chief of Thailand’s central bank says its current monetary policy is accommodative enough and further interest-rate cuts would be less effective in reviving the economy from its pandemic-driven downturn. Bank of Thailand Governor Veerathai Santiprabhob adds that the challenge now is to address the insolvency problems, not so much the liquidity problem. Veerathai spoke exclusively with Bloomberg's Haslinda Amin from Bangkok.
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