MPC keeps policy rate at 1.50 %

WEDNESDAY, AUGUST 03, 2016
MPC keeps policy rate at 1.50 %

The Bank of Thailand’s Monetary Policy Committee Wednesday voted unanimously to leave the benchmark interest rate at 1.50 per cent, said Jaturong Jantarangs, secretary of the MPC.

The MPC believes that monetary policy should remain accommodative, and the committee stands ready to use an appropriate mix of available policy tools to ensure that monetary conditions are conducive to the economic recovery, while ensuring financial stability.