News

The current policy interest rate in Thailand is quite appropriate to the country’s economic landscape and recovery pace, the Bank of Thailand (BOT) insisted on Monday, in its latest response to the current debate which has seen some business leaders and analysts complain that interest ...

The Monetary Policy Committee (MPC) has decided to keep the policy interest rate at 0.50 per cent per year.MPC secretary Piti Disyatat said on Wednesday after the meeting that four members voted to maintain the policy rate at 0.50 per cent while three members voted ...

Prime Minister Prayut Chan-o-cha called on the central bank to maintain its policy interest rate on Tuesday to curb a capital flight and support the domestic economy.Gen Prayut also vented his growing concern over a surge in the inflation rate after headline inflation, gauged by ...

Bank of Thailand governor Veerathai Santiprabhob admits the baht has appreciated at a rate which exceeds the economic fundamentals, saying that interest rate cuts are no longer “strong medicine” that can cure it.The central bank governor on Saturday expressed concern over the currency’s strengthening — ...

Two key economy-related state agencies have taken drastic measures to curb the impacts from the US-China trade war as the Thai economy slows.The Finance Ministry is pressing state enterprises to inject 130 billion baht into their investment projects by the end of this year, while ...

The Bank of Thailand (BOT) is expected to maintain its policy interest rate at 1.75 per cent until at least the end of 2019, according to TMB Analytics.The next meeting of the country’s Monetary Policy Committee will be on June 26, 2019.  Many central banks ...