Thailand's central bank held its key interest rate unchanged on Wednesday, extending the pause for the fifth consecutive meeting amid fiscal policy uncertainty as a new government formation takes shape following a court-ruled dismis...
It "stands ready to use appropriate monetary policy tools if necessary," said the BOT in a statement on its website. The central bank expected the Thai economy to grow 3.2 percent in 2022 and 4.4 percent in 2023 amid improving domestic demand and tourism. The country's consumer price index...
BANGKOK, June 8 (Xinhua) -- Thailand's central bank decided on Wednesday to keep the key policy rate unchanged to support the economic recovery, but signaled possible rate hikes ahead as inflationary pressure continued to mount. The Bank of Thailand (BOT) monetary policy committee voted 4-3 ...
"The lower policy rate would not impede debt deleveraging given the expected slowdown in loan growth and would remain neutral and consistent with economic potential," the Bank of Thailand (BOT) said in a statement. The BOT's monetary policy committee voted 5 to 2 to bring the one...
The monetary policy must remain accommodative, while fiscal measures must continue to sustain the economy, according to Titanun. The central bank said it expected the Thai economy to expand by 3.0 percent in 2021, slightly lower than its previous forecast of 3.2 percent, over concerns about the...
thailand governor sethaput suthiwartnarueput said on tuesday a mix of policies was needed to manage the economy as interest rates alone cannot address everything, however. in october, the central bank's monetary policy committee unexpectedly cut the key interest rate by a qu...
Pridiyathorn conceded he was not in a position to tell of the direction of the interest rates in the future. It is the duty of the central bank's Monetary Policy Committee, which has to take into account many changing factors that affect the economic system....
The article reports on the tightening of the monetary policy of the central bank of Thailand. The Bank of Thailand raised its benchmark 14-day repurchase rate by 25 basis points to five percent on June 7, 2006 despite the finance ministry's concerns about an interest rate hike amid signs ...
On Nov. 30, the Bank of Thailand's (BOT) monetary policy committee voted unanimously to raise the one-day repurchase rate by a quarter point to 1.25 per cent to curb inflationary pressures. It will next review policy on Jan. 25, when most economists predict a further hike. The ...
(Read More:Surging Thai Bank Shares to Jump a Further 30%: Nomura) "While we do not expect inflation to spin excessively out of control, it is likely to stay sufficiently high that it prevents the Monetary Policy Committee (MPC) from delivering additional policy rate cuts," said Santitarn ...