Thailand's exports may be weaker than expected but the overall economic recovery was intact, Bank of Thailand (BoT) governor Sethaput Suthiwartnarueput said on Wednesday.
"The economy as a whole was recovering on consumption and tourism," Mr Sethaput told a central bank seminar.
The current policy rate was near a balanced level, the BoT chief added.
"The economy as a whole was recovering on consumption and tourism," Mr Sethaput said.
Thailand has been under a caretaker government for five months as deadlock prolongs after the election-winning Move Forward party's failure to form a government.
Minutes from the monetary policy meeting on Aug 2 said that policy rates were approaching stability levels.
Public consumption and investment were expected to decline from a year ago due to a delay in the budgeting process, the minutes said, but should recover in 2024, the minutes showed.
On Aug 2, the BoT's monetary policy committee voted unanimously to increase the one-day repurchase rate by a quarter point to 2.25%, citing lingering inflation risks.