Thai central bank should help retail borrowers, caretaker Finance Minister says

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 66%

Business News News

Business Business Latest News,Business Business Headlines

BANGKOK : Thailand's central bank should assist retail borrowers after it held its benchmark interest rate steady this week, the caretaker finance minister said on Thursday.Retail lending interest rates are too high and needed to be addressed, Pichai Chunhavajira told reporters.

BANGKOK : Thailand's central bank should assist retail borrowers after it held its benchmark interest rate steady this week, the caretaker finance minister said on Thursday.

The central bank left its key interest rate unchanged at 2.50 per cent for a fifth straight meeting on Wednesday, saying the level was neutral as it wants to see if the new prime minister will make changes to economic stimulus policies.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Thai economy is nearly in crisis, caretaker finance minister saysBANGKOK: Thailand's economy is nearly in crisis due to declining exports and uncompetitive manufacturing, the country's caretaker finance minister said on Wednesday (Aug 21).
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Thai Finance Ministry raises GDP growth expectations to 2.7% in 2024BANGKOK : Thailand's economy is expected to grow 2.7 per cent in 2024, the Finance Ministry said Friday, up from a previous forecast of 2.4 per cent due to higher foreign tourist arrivals and exports.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Thai Finance Ministry raises GDP growth expectations to 2.7% in 2024BANGKOK : Thailand's economy is expected to grow 2.7 per cent in 2024, the Finance Ministry said Friday, up from a previous forecast of 2.4 per cent due to higher foreign tourist arrivals and exports.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Thai Finance Ministry raises GDP growth expectations to 2.7% in 2024BANGKOK : Thailand's economy is expected to grow 2.7 per cent in 2024, the Finance Ministry said Friday, up from a previous forecast of 2.4 per cent due to higher foreign tourist arrivals and exports.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »