Bangkok, June 26 -- The Monetary Policy Committee (MPC) under the Bank of Thailand (BoT) voted unanimously on June 24 to keep the policy interest rate unchanged at 1%.
MPC Secretary Don Nakornthab said the committee considers the current policy rate appropriate to support the country's economic recovery. While Thailand's economic outlook has improved compared to previous forecasts, growth is expected to remain moderate and uneven, he noted.
Don said inflation is projected to rise temporarily due to supply-side factors before easing as those pressures subside. He added that overall credit growth remains weak, with the committee continuing to closely monitor loan quality among small and medium-sized enterprises (SMEs) and vulnerable househo...