New Thai Central Bank Chief Backs Accommodative Policy, Autonomy

New Bank of Thailand Governor Vitai Ratanakorn said he will pursue an accommodative monetary policy to support growth in the long run while pledging to shield the institution from any political meddling.

Vitai took over the helm of the central bank on Wednesday, amid speculation the seasoned banker will take a dovish policy stance due to mounting risks to the country’s export-led growth from US tariffs and a strengthening currency.