Bank of Thailand Ready to Adjust Policy for Stability
The Bank of Thailand has announced its readiness to revise its monetary policy in response to current economic challenges and to maintain financial stability in the country. The governor of the bank, N_ready Poudhawath, emphasized that a key task is to control inflation and sustain confidence in financial markets despite global economic fluctuations.
According to officials, the bank will closely monitor external and internal economic indicators before making comprehensive decisions. Possible actions to change interest rates and other measures will be aimed at mitigating the effects of global economic conditions that may negatively impact Thailand's economic growth.
Among the factors influencing the bank's decision are fluctuations in commodity prices and uncertainty related to the international economy. The bank has also stated it will be prepared to intervene if necessary to ensure the stability of the financial system.
Additionally, more meetings are planned to discuss current issues related to the global market and domestic economy to prepare for potential policy changes.
Thus, the Bank of Thailand demonstrates flexibility and readiness to adapt to changing conditions, which should help achieve stable economic growth and maintain confidence among citizens and investors.
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