Bank of Thailand: Cutting key interest rate possible to stimulate post-flood economy

BANGKOK, Nov 18 – The Bank of Thailand (BoT) may consider cutting the key interest rate at its next meeting on Nov 30 to stimulate the post-flood economy if flood impacts on the economy worsen than expected, Dr Prasarn Trairatvorakul, the BoT governor said.

The Nov 30 meeting will be this year’s last for the Monetary Policy Committee (MPC).

Read more: MCOT