Thailand’s economy resilient to the pandemic, central bank says

The Thai economy is well placed to weather the impact of the Covid-19 pandemic, the central bank said Wednesday, citing strong foreign reserves and a resilient banking system.

Although the nation’s economy is likely to recover more slowly than regional peers, it is highly resilient in handling more economic shocks, the bank’s governor Sethaput Suthiwartnarueput said.

Sethaput was one of the speakers at a “Thailand Focus 2021: Thriving in the Next Normal” forum organized by the Stock Exchange of Thailand.

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