Bank of Thailand to hike rates gradually to contain inflation
The Bank of Thailand (BoT) will raise interest rates gradually.
The Bank of Thailand (BoT) will raise interest rates gradually to curb inflation risks and ensure a smooth recovery as the economy is expected to return to pre-coronavirus-pandemic levels late this year.
The Thai economy is expected to grow about 3% this year and 4% next year, Mr Sethaput told a business seminar on Wednesday.
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