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Thai financial system more vulnerable after return of virus - central bank minutes

Thai financial system more vulnerable after return of virus - central bank minutes

FILE PHOTO: The skyline of central Bangkok and the Chao Phraya river are seen during sunrise in Bangkok April 22, 2015. REUTERS/Athit Perawongmetha

BANGKOK: Thailand's financial system has become more vulnerable due to negative shocks from the latest coronavirus outbreak and there remained significant risks to the economy, the central bank's minutes showed on Wednesday.

On May 5, the central bank left its policy rate unchanged at a record low of 0.50per cent for an eighth straight meeting to help support Southeast Asia's second-largest economy as it struggles with a third wave of COVID-19 infections..

For the minutes https://bit.ly/33T6E2j

(Reporting by Orathai Sriring; Editing by Ed Davies)

Source: Reuters

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