Thailand Policy Rate averaged 1.75 % pa and is updated monthly, available from May 2000 to Dec 2024. The data reached an all-time high of 5.00 % pa in Dec 2006 and a record low of 0.50 % pa in Jul 2022. The 14-Day RP Rate was used as a policy interest rate up until 16 Janua...
Namely, while the decline in the interest rate may lead to currency depreciation, we find no evidence that high interest rate appreciates the currency. Instead, albeit small in magnitude, high interest rate tends to lead to further depreciation. Thus, the policy of high interest rate to defend...
"It's not wise for Thailand to raise interest rates now," which would not help reduce the cost-push inflation but hurt the economic recovery, said Kirida Bhaopichitr, research director for international economics and development policy under the Thailand Development Research Institute. With Thailand...
Second, Thailand’s healthy financial status and sound fiscal and monetary policies provide a conducive environment for firms to thrive. The country has USD220 billion in gross international reserves, a low policy interest rate of 2.25 per cent, a robust financial system and a well-developed...
By analyzing these values over time, one can observe trends and shifts in economic sentiment and monetary policy that impact investor expectations about future interest rates and economic growth.Government Bonds Yield (%) Spread (bp) Period1Y2Y3Y5Y7Y10Y10Y - 2Y Jan 2025 n.a. 2.050 2.085 ...
Analysts expect the Bank of Thailand (BOT) to raise the key policy rate in the third quarter of this year in the country's first rate hike since late 2018. Such expectation came as the BOT left the rate on hold in a narrow vote of 4-3 at the latest monetary policy committee meeting...
Along with several consecutive hikes in the BOT policy rate, most recently raised to 2.5% in August 2023,minimum retail rates (MRR)set by individual banks and generally serving as a baseline for specific mortgage products have also been growing. Based oninformationpublished by the BOT, at the...
"We see aggressive rate cuts by the Bank of Thailand this year, " Usara Wilaipich, an economist at Standard Chartered Bank. 渣打银行分析师UsaraWilaipich称,“我们预计泰国央行今年料大举降息。” cn.reuters.com 8. The Bank of Thailand has already warned that its 3. 25% policy rate is too...
The country has a tourist-friendly policy as well as a vast network of infrastructure and hotels that cater to a diverse array of business and leisure travelers. However, what makes Thailand so popular for single travelers and horny couples is the many red light districts with its GoGo bars,...
Along with several consecutive hikes in the BOT policy rate, most recently raised to 2.5% in August 2023, minimum retail rates (MRR) set by individual banks and generally serving as a baseline for specific mortgage products have also been growing. Based on information published by the BOT, at...