Thailand's interest rates will be based on domestic conditions- Finance Minister
FILE PHOTO: Thai finance minister Arkhom Termpittayapaisith speaks during an interview with Reuters in Bangkok, Thailand, October 19, 2022. REUTERS/Athit Perawongmetha
BANGKOK : Thailand's interest rates will consider domestic conditions and will not be based on the Federal Reserve's rate hikes, the country's Finance Minister said on Friday.
State banks have also been asked to maintain rates to support debtors as the economy recovers, Arkhom Termpittayapaisith told reporters.
Source: Reuters
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