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Bangkok Post
Bangkok Post
Business

Bank of Thailand asked to ease impact of any rate hike: Arkhom

FILE PHOTO: Finance Minister Arkhom Termpittayapaisith speaks during an interview with Reuters in Bangkok in March. (Reuters)

The finance minister said on Tuesday he had asked the central bank to minimise the impact of any interest rate hike, ensure enough liquidity in the banking system and maintain a stable baht currency.

His comments came as most economists expect the Bank of Thailand (BoT) to raise the key interest rate at its next meeting on Aug 10 to tame surging inflation.

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