Finance Minister Kittiratt Na-Ranong said Thursday the central bank's benchmark rate is too high, while resigning himself to lacking the power to influence it.
Deputy Prime Minister and Finance Minister Kittiratt Na-Ranong said during an interview on Thursday that the Bank of Thailand's benchmark rate is too high, while resigning himself to lacking the power to influence it. (Bloomberg photo)
"I still believe that the policy rate is too high," Mr Kittiratt said in an interview on Thursday. "But I am not saying that because I want them to cut it," he said. "My opinion is irrelevant because my colleagues in the Monetary Policy Committee are very independent."
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