A split vote to hold its benchmark interest rate last month was not a signal for monetary policy tightening, an assistant central bank governor said on Wednesday.
"It's not like that, as a majority still voted to hold the rate," Jaturong Jantarangs told a briefing, responding to a question on whether the split decision was a signal of monetary policy normalisation.
"It's just one member who viewed the current monetary policy as exceptionally accommodative," he said.
On March 28, the committee voted 6-1 to leave the Bank of Thailand's one-day repurchase rate unchanged at 1.5%, where it has been since April 2015, but the vote was spilt for the first time in nearly three years.
The central bank will next review policy on May 16. Most analysts expect no policy change for the rest of 2018, though some predict rate increases in the second half of this year.
The Bank of Thailand last raised the policy rate in August 2011, a quarter-point increase to 3.5%.