Thai central bank concerned about global risks to growth
BANGKOK (Reuters) – Uncertainties in export markets and earnings from tourism were major concerns for Thai policymakers when they decided to hold interest rates steady earlier this month, minutes of the central bank’s meeting showed on Wednesday.
At that Aug.3 meeting, the Bank of Thailand (BOT)’s policy committee unanimously voted to keep the one-day repurchase rate at 1.50%, just 25 basis points above the record low seen during the global financial crisis.