Kittiratt: No intervention in MPC
- Published: 5 Feb 2013 at 15.33
- Online news:
Finance Minister Kittiratt Na-Ranong insisted on Tuesday that he has never interfered in the decision making process by the central bank’s Monetary Policy Committee (MPC).
Mr Kittiratt said he had expressed concern about the strengthening baht in speeches at various meetings because as finance minister he was legally required to oversee the economy and take responsibility for any negative consequence.
His expressed opinions regarding the key repurchase rate, which is set by the Bank of Thailand, were sincerely made without any hidden expectations, he added.
This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.