© Reuters. FILE PHOTO: A basic view of Khlong Toei fresh market throughout hectic hour in Bangkok, Thailand, September 8,2019 REUTERS/Soe Zeya Tun/File Photo
BANGKOK (Reuters) – Thailand’s economy needto continue to broaden as the policy rate is approaching a level constant with long term stability, minutes of the main bank’s Aug. 2 financial policy conference revealed on Wednesday.
Public usage and financialinvestment were anticipated to decrease from a year ago due to a hold-up in the budgeting procedure, the minutes stated, however must recuperate in 2024, the minutes revealed.
On Aug. 2, the Bank of Thailand’s policy committee voted all to boost the one-day repurchase rate by a quarter point to 2.2