Thai central bank says maintaining interest rate is a robust policy amid uncertainty By Reuters

BANGKOK (Reuters) – Thailand’s central bank said on Monday that keeping the key interest rate steady last month was a solid policy move as the economy faces heightened uncertainty.

Monetary policy becomes less effective under high uncertainty, but holding interest rates steady does not rule out future policy adjustments, the central bank said in a paper prepared for the Monetary Policy Forum.

The forum is due to start at 0300 GMT.

Last month, the central bank left its key interest rate unchanged at 2.25%, following a surprise cut at the previous review in October.