Thailand Finance Business News & Lifestyle

Central bank focuses on keeping inflation in control

The Bank of Thailand (BOT) Governor Tarisa Watanagase told the “Impacts of the Ongoing Currency Situation on Thai-Japanese Business” seminar that the central bank will still keep inflation control in its monetary policy.

She said BOT will also adopt tough supervising and maintaining price stability to help Thailand’s economy grow in a more sustainability manner and without limit.

She believes the current interest rate will help accelerated private consumption recovery from recent tumbled down.

Tarisa said although the baht continues rising against the dollar, it moves in line with the region currencies’ direction.

“Thailand’s competitiveness does not depend on exchange rate alone. There have been impacts from global markets activities such as surge in the oil prices as well,” she added.

Leave a Response