Thai c.bank watching inflation, no rate hike now-Atchana

MADRID, May 4 (Reuters) - Thailand's central bank is monitoring inflation closely but would wait before raising interest rates, deputy governor Atchana Waiquamdee told Reuters on Sunday.

Speaking on the sidelines of the annual meeting of the Asian Development Bank, Atchana said: "At the next MPC (Monetary Policy Committee) meeting we have to watch (inflation) very closely."

"We watch for the second round effects because the unemployment rate is low and perhaps we see some recovery in domestic demand."

When asked if time was right to raise interest rates, Atchana said: "I think we have to wait."