Economy improves in February as restrictions ease

The economy improved in February after a moderate slowdown the previous month, owing to an easing of coronavirus curbs and a resumption of a quarantine waiver for foreign tourists, the central bank said on Monday.

The Russia-Ukraine crisis is likely to push up inflation and cause global financial volatility but Thailand’s external stability remains good, Chayawadee Chai-Anant, a senior Bank of Thailand (BoT) director, told a news conference.

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