Bloomberg News

Thai Central Bank to Change Inflation Targeting, Atchana Says

September 28, 2011

Sept. 29 (Bloomberg) -- Thailand’s central bank has agreed to “significantly” change the range it uses to set its inflation target, Deputy Governor Atchana Waiquamdee said.

The proposal will be submitted to the Ministry of Finance for approval in early October, she told reporters today in Bangkok.

The central bank uses core inflation to guide monetary policy and aims to keep it at between 0.5 perecent to 3 percent.

To contact the reporter on this story: Supunnabul Suwannakij in Bangkok at ssuwannakij@bloomberg.net

To contact the editor responsible for this story: Tony Jordan at tjordan3@bloomberg.net


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