BANGKOK -- The Bank of Thailand resisted calls to hold an emergency meeting to cut rates, with its governor saying on Wednesday that the structural and cyclical problems weighing on the Thai economy will not be solved by a reversal of monetary policy.
Interview
Bank of Thailand chief denies economy in 'crisis' as PM urges rate cut
Sethaput says monetary easing won't improve tourism spending or export demand
Bank of Thailand Gov. Sethaput Suthiwartnarueput speaks to Nikkei Asia in Bangkok on Feb.21. (Photo by Hiroki Endo)
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