Prime Minister Srettha Thavisin has insisted his chief adviser and former finance minister Kittiratt Na-Ranong is not eligible to vie for the top seat on the board of the Bank of Thailand (BoT) to replace the incumbent whose term expires in September 2025.
The Stock Exchange of Thailand (SET) index could dip below 1,300 points after plunging to a four-year low on Thursday, as political uncertainties loom and news emerged that the Srettha Thavisin coalition government is seeking ways to exert more power at the Bank of Thailand.
The Bank of Thailand (BoT) has told the finance ministry that it will keep its policy rate at the current level to support the economy, Prime Minister Prayut Chan-o-cha told reporters on Tuesday.
Thai PM says central bank has agreed to keep policy rate steady borneobulletin.com.bn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from borneobulletin.com.bn Daily Mail and Mail on Sunday newspapers.
Thailand's policy interest rate will have to rise but the timing will hinge on the monetary policy committee's view with the economy growing below its potential and the recovery facing uncertainty, the Bank of Thailand (BoT) board chairman said on Wednesday.