15.10.201001:15:00UTC+00Thai Central Bank Board Chief sees Less need for Further Rate Rise
News:
Bank OfThailand's board chairman said the need for a further interest rate increase had been reduced by the strength of the baht
He said bhat's strength had cut the cost of imports which reduce the need for a rate rise to contain inflation
Quotes:
"The exchange rate is strong, imports are cheap and oil prices are not higher. That reduces the need for a rate rise to contain inflation," - Chatu Mongol Sonakul