Smooth BOT-Finance meeting

MONDAY, MAY 13, 2013
Smooth BOT-Finance meeting

The government and the private sector did not pressure the Bank of Thailand for a rate cut at the May 29 meeting, according to Bank of Thailand governor Prasarn Trairatvorakul.

 

After the meeting in the morning, Prasarn said overall economic condition was at the centre of the discussion, not particular measures to tackle the baht appreciation or the policy rate. 
"There was no pressure on the Monetary Policy Committee's rate decision, when it convenes the May 29 meeting," the governor said.