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The financial conditions of Thai households are fragile, the head of the central bank said, according to Reuters

BANGKOK (Reuters) – The financial conditions of Thai households are fragile amid high debt levels, the head of the central bank said on Friday.

© Reuters. FILE PHOTO: Bank of Thailand Governor Sethaput Suthiwartnarueput looks on during an interview with Reuters in Bangkok, Thailand January 23, 2024. REUTERS/Athit Perawongmetha/File Photo

Investment was also low, Bank of Thailand Governor Sethaput Suthiwartnarueput told a symposium.

Thai household debt was 90.8% of GDP in March this year, among the highest in Asia.

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