Thai central bank warns of housing and debt risks
Central bank says macro-prudential policy should curb build-up of weaknesses
The Bank of Thailand’s monetary policy committee said it was concerned about risk stemming from the country’s housing market as well as from personal and corporate debt.
The MPC voted to leave interest rates unchanged at 1.75% at its meeting on February 6. In a statement after the meeting, the committee said there was a need to monitor certain risks within the housing market. It said the financial system remained “sound” overall.
“Developments in the mortgage loan market, adjustments in the
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