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Thai central bank in no rush to raise rates

Original: Thai central bank in no rush to raise rates, governor says

The governor of the Bank of Thailand says the central bank is in no rush to raise interest rates, according to comments reported by Reuters. The remarks suggest Thai policymakers will keep monetary policy on hold as they assess inflation and economic conditions. Investors and analysts are watching closely, since the stance differs from central banks elsewhere that have been tightening policy to contain price pressures.

Why now: The governor's comments signal the direction of Thai monetary policy, which matters to markets and borrowers.

Bank of Thailand

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