Thai c.bank to ensure uninterrupted economic recovery

BANGKOK, July 20 (Reuters) – Thailand’s economy has clearly recovered and the central bank will ensure the recovery is not interrupted by efforts to tackle higher inflation, the central bank chief said on Wednesday, amid expectations of an interest rate hike.

Economic recovery is expected to continue while the financial system remains strong and functioning normally, Bank of Thailand (BOT) Governor Sethaput Suthiwartnarueput told a business event.

The economic context has largely changed compared with during the COVID-19 crisis, so all sectors have to adapt in the face of higher inflation, policy adjustments going on in major economies and geopolitical problems, he said.

Monetary policies and…