Thai central bank minutes show economy expanding, uncertainty remains
FILE PHOTO: People walk past a Skytrain (Bangkok Mass Transit System) construction site in Bangkok, Thailand May 13, 2018. REUTERS/Soe Zeya Tun/File Photo
BANGKOK : Thailand's economy is projected to grow at a faster pace in 2024 than 2023 supported by private consumption and tourism, but uncertainties remain, minutes of the Bank of Thailand's April 10 monetary policy meeting showed on Wednesday.
At the meeting, the monetary policy committee voted 5-2 to hold the one-day repurchase rate steady at 2.50 per cent, the highest in more than a decade, for a third straight meeting. Two members favoured a quarter-point cut.
The next rate review is on June 12.
Source: Reuters
