The Bank of Thailand decided to leave its key rates unchanged on Wednesday as widely expected by economists.
The Monetary Policy Committee voted unanimously to maintain the policy rate at 1.50 percent. One policymaker was unable to attend this meeting.
The rate is now at the lowest since June 2010, when it was 1.25 percent.
Policymakers saw merit in preserving policy space as the economy would still be facing risks going forward, such as the fragile global economic recovery, monetary policy divergence among major advanced economies, the result of the EU referendum in the UK and financial stability concerns in China.
The committee viewed that monetary policy should remain accommodative, and stands ready to utilize an appropriate mix of available policy tools in order to ensure that monetary conditions are conducive to the economic recovery, while ensuring financial stability.
Policymakers judged that the economy would continue to recover and inflation would return to the target band within in the latter half of the year as expected.
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