Panel picks new BoT board chief

Quick Summary:

The selection committee tasked with selecting the new board chairman of the Bank of Thailand (BoT) has finalised the nomination for the position, without providing the name of the candidate selected.

That would put pressure on the baht to depreciate further if politics were able to intervene in the central bank's role, affecting the country's credibility in terms of checks and balances, he told the Bangkok Post.

"If the Bank of Thailand in the future wants to implement quantitative easing and pumps in more money to buy such risky assets, such assets would be kept in the central bank's portfolio.

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Article Details

Category: EconomyBusiness

Markets: Thailand

Topics: Thailand Committee Central Board Finance Ministry Kittiratt Chairman Selection Minister Bank

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-12 @ 04:39:00 (2 days ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 786 words

Reading Time: 5 minutes read

Sentences: 31 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 23533634

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About Bangkok Post

Main Topics: EconomyBusiness

Official Website: bangkokpost.com

Update Frequency: 6 posts per day

Year Established: 1946

Headquarters: Thailand

News Last Updated: 10 hours ago

Coverage Areas: Thailand

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #66

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