PUBLISHED : 24 Apr 2024 at 10:40
Thailand’s current policy interest rate settings were robust and can handle future risks to the economy, the central bank said on Wednesday, amid continued pressure from the government to lower borrowing costs and help jumpstart sluggish growth.
Cutting rates could help lower debt in the short run but could also induce risks in the longer term, the Bank of Thailand (BoT) said, adding that by…