Bank of Thailand expands liquidity support to more fund types

Thailand’s central bank said it has expanded the scope of a facility set up to provide liquidity to mutual funds and it will now encompass all types of money market funds as well as daily fixed income funds.

The central bank is ready to consider additional measures to ensure financial markets function well and the country’s financial system is stable, Bank of Thailand Governor Veerathai Santiprabhob said in a statement.

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