Siam Square Walking Street in Bangkok’s Pathum Wan district is crowded with people on Saturday. (Photo: Bangkok Post)
The Bank of Thailand (BoT) has told the finance ministry that it will keep its policy rate at the current level to support the economy, Prime Minister Prayut Chan-o-cha told reporters on Tuesday.
Gen Prayut also said the Ministry of Finance, the central bank, commercial banks and the private sector in the country needed to do more to keep inflation in check.
“We have to find a way to solve the (inflation) issue … but it also depends on the external situation,” the prime minister said.
Thailand’s headline inflation rose at a much faster pace than expected in May, hitting its highest level in nearly 14 years on…
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