Thai central bank pledges gradual monetary policy adjustments
FILE PHOTO: The Bank of Thailand logo is pictured in Bangkok, Thailand, August 5, 2016. REUTERS/Chaiwat Subprasom
BANGKOK : Thailand's central bank will prevent inflation from rising sharply, but at the same time ensure that any monetary policy adjustments are gradual, Bank of Thailand Governor Sethaput Suthiwartnarueput told a news conference on Friday.
The BOT is expected to raise its key interest rate from a record low of 0.50 per cent at its next meeting on Aug.10.
Source: Reuters
