Thai central bank to keep rates on hold for rest of year.

M2 EQUITYBITES-June 7, 2022--Thai central bank to keep rates on hold for rest of year

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Global Banking News - 07 June 2022

The Thailand central bank is expected to keep its rate on hold until the end of the year, a recent poll has suggested.

A Reuters poll has indicated that the apex bank will take the measure in order to support economic recovery, even though it is facing pressure for a rate increase because of inflationary risks.

Inflation in Thailand rose to 4.65 percent in April and is expected to cross 5 percent in the coming...

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