A woman receives a swab test conducted at the Pornpat market in Thanyaburi district in Pathum Thani on Wednesday. (Photo by Varuth Hirunyatheb)
Thailand’s economic outlook remained highly uncertain with large downside risks, so limited monetary policy room should be preserved to be used at the most effective time, minutes from the central bank’s last policy meeting showed on Wednesday.
The public sector should implement sufficient targeted and front-loaded measures to support an economic recovery after a recent coronavirus outbreak, the minutes said.
On Feb 3, the Bank of Thailand (BoT)’s Monetary Policy Committee members voted unanimously to keep the one-day repurchase rate unchanged at 0.50% for a sixth straight meeting, after three cuts in the first half of 2020 to mitigate the impact of the…
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