Thailand Postpones Central Bank Chair Appointment Amid Tensions

Reported 22 days ago

Thailand has delayed the selection of a new central bank chairman due to rising opposition against the government's preferred candidate, Kittiratt Na-Ranong, who has been critical of the central bank's policies. The selection panel is taking more time to consider the appointment and has pushed its meeting to November 11. Tensions have escalated between Prime Minister Paetongtarn Shinawatra's administration and the Bank of Thailand over monetary policy and economic strategy, with a petition against government interference planned by supporters of the bank's independence.

Source: YAHOO

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