Wednesday, February 5, 2020

Thai c.bank chief says still has monetary space to help economy after rate cut

BANGKOK: Thailand's central bank still has monetary policy space to help the economy if necessary, the governor said on Thursday, a day after the benchmark rate was cut to a record low.

"If the situation worsens, we are still able to use policy space," Veerathai Santiprabhob told a seminar.

On Wednesday, the central bank cut its policy rate by 25 basis points to a record low of 1.00%. - REUTERS



source https://www.thesundaily.my/business/thai-c-bank-chief-says-still-has-monetary-space-to-help-economy-after-rate-cut-KJ1975419

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