BANGKOK (Reuters) – Thailand's central bank said on Monday that keeping its key interest rate unchanged last month was a strong policy at a time when the economy faces increasing uncertainty.
The central bank said in a paper prepared for the Monetary Policy Forum that monetary policy becomes less effective in light of high uncertainty, but keeping the interest rate constant does not rule out future policy adjustments.
The forum is scheduled to start at 0300 GMT.
Last month, the central bank left its key interest rate unchanged at 2.25%, after a surprise cut at the previous review in October.
