The finance minister said on Tuesday he had asked the central bank to minimise the impact of any interest rate hike, ensure enough liquidity in the banking system and maintain a stable baht currency.
His comments came as most economists expect the Bank of Thailand (BoT) to raise the key interest rate at its next meeting on Aug 10 to tame surging inflation.
Finance Minister Arkhom Termpittayapaisith told reporters he had asked the BoT to talk to banks to help mitigate the impact of a hike in the policy rate on borrowers.
“Tackling inflation will be inevitable as every country has also faced the same…
