BOT keeps key interest rate unchanged at 2.75%

BANGKOK, February 20 (TNA) - The Bank of Thailand (BOT) has resolved to keep its key interest rate unchanged at 2.75 per cent. BOT Assistant Governor Paiboon Kittisrikangwan told journalists that the decision was made with the majority vote, 6:1, at the central bank's Monetary Policy Committee (MPC) meeting on Wednesday, reasoning that the repurchase rate at 2.75 per cent could cope with risk factors well. The BOT assistant governor noted that the central bank's monetary policies are implemented to maximize the national economic growth, limit inflation and protect financial stability and the MPC has considered all factors before making a decision. According to the BOT assistant governor for monetary policy, the MPC will continue closely monitoring capital inflows and risk factors which may jeopardize financial stability and will take appropriate actions. (TNA)