The central bank of Thailand said it is a strong policy to maintain interest rates, according to Reuters

BANGKOK (Reuters) – Thailand’s central bank last month said keeping key interest rates on hold was a strong policy move as the economy faces uncertainty.

Monetary policy becomes less effective under high volatility, but maintaining the rate does not preclude future policy adjustments, the central bank said in a paper prepared for the Monetary Policy Forum.

The stage is scheduled to begin at 0300 GMT.

Last month, the central bank left its key interest rate unchanged at 2.25% after a surprise cut in the previous review in October.