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Thailand household financial conditions fragile, central bank chief says

By Thomson Reuters Sep 19, 2024 | 9:24 PM

BANGKOK (Reuters) – Thailand’s household financial conditions are fragile amid high debt levels, the central bank chief said on Friday.

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

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

(Reporting by Orathai Sriring, Kitiphong Thaichareon and Thanadech Staporncharnchai; writing by Chayut Setboonsarng; Editing by John Mair)