Thailand's economy is expected to grow 3.6% this year, Bank of Thailand (BoT) governor Sethaput Suthiwartnarueput said on TV channel JKN-CNBC on Monday.
"The economy is resilient and is able to withstand multiple shocks," Sethaput said. The BoT last month raised interest rates a quarter a percentage point to 1.75%. The central bank has raised its key rate by a total of 125 basis points since August, less aggressive than many of its regional peers.
"Policy normalisation will continue, but we will be cautious and monitor the situation," Sethaput said.