Relentless Rise Of Thai Baht Causes Exporting Concerns

MPC sticks with 0.50%, eyes baht

MPC sticks with 0.50%, eyes baht The Bank of Thailand’s Monetary Policy Committee (MPC) voted to keep its policy rate unchanged at 0.50% yesterday and will continue monitoring the baht’s strength as capital inflows result from abundant global liquidity. The MPC voted unanimously to maintain the record-low benchmark interest rate, assessing that the economy would…