Reported 13 days ago
Thailand plans to appoint Kittiratt Na-Ranong, a former Finance Minister and critic of the current Bank of Thailand's monetary policies, as the new chairman. This decision signals the government's intention to exert more control over the central bank amid ongoing debates over monetary policy and inflation targets. Kittiratt's selection comes after a lengthy meeting of the selection panel, with expectations of more aggressive rate cuts to support economic growth. However, concerns have been raised by former central bank officials regarding the implications of appointing a politically connected figure.
Source: YAHOO