Monetary Policy Committee Maintains Interest Rates; Baht Faces Depreciation Pressure
Bangkok: SCB FM reports that the baht is moving sideways after the Monetary Policy Committee (MPC) maintained interest rates as expected. According to Thai News Agency, the Monetary Policy Committee (MPC) held interest rates steady, with a potential rate cut likely later this year due to ongoing risks to the Thai economy. The baht is under short-term depreciation pressure but