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Bangkok Post
Bangkok Post
Business

BoT chief: Thailand has no need to follow Fed's tightening

FILE PHOTO: Bank of Thailand Governor Sethaput Suthiwartnarueput speaks during his first briefing on the economy and monetary policy after taking office in Bangkok, Oct 20, 2020. (Reuters)

Thailand has no need to raise interest rates following the United States Federal Reserve's hikes as domestic factors and its economic recovery will be the key issues when deciding policy, Bank of Thailand (BoT) governor Sethaput Suthiwartnarueput said on Thursday.

The country's external position remains strong and it has not had a problem of capital outflows yet, he told reporters on the sideline of a business seminar.

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