Thailand’s central bank says holding interest rate steady policy amid uncertainty By Reuters

BANGKOK (Reuters) – Thailand’s central bank said on Monday that keeping its key interest rate unchanged last month was a firm policy as the economy faces increased uncertainty.

Monetary policy becomes less effective under conditions of high uncertainty, but keeping the rate steady does not rule out future policy adjustments, the central bank said in a paper prepared for the Monetary Policy Forum.

The forum is scheduled to start at 03:00 GMT.

Last month, the central bank left its key interest rate unchanged at 2.25%, following a surprise cut in the previous revision in October.