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Thai central bank chief says interest rates cannot address everything

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Published Tue, Dec 3, 2024 · 01:05 PM
    • Bank of Thailand Governor Sethaput Suthiwartnarueput also said debt support measures would be announced next week.
    • Bank of Thailand Governor Sethaput Suthiwartnarueput also said debt support measures would be announced next week. PHOTO: REUTERS

    THAILAND must use a mix of policies in handling the economy and interest rates cannot address everything, its central bank governor said on Tuesday, adding monetary policy would be outlook-dependent.

    The country must build buffers for economic resiliency and the Bank of Thailand was not focusing on giving forward guidance, Governor Sethaput Suthiwartnarueput told a business forum. He also said debt support measures would be announced next week. REUTERS

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    Bank of ThailandInterest ratesSethaput SuthiwartnarueputThailand

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