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Two international analysts have said they expect the Bank of Thailand to cut its policy interest rate next year due to a drop in the country’s inflation rate.In a statement issued on Tuesday, Standard Chartered Bank said it expected the central bank to maintain its ...

Research houses expect the Bank of Thailand to raise its policy rate one or two additional times this year because of an upside risk to inflation as the economy recovers.SCB Economic Intelligence Center (EIC), a research unit of Siam Commercial Bank, predicts the central bank’s ...

Local economists are predicting the Bank of Thailand will increase its policy rate to a terminal level of 2% this month after estimating the Fed’s funds rate has already peaked.According to ttb analytics, the research centre of TMBThanachart Bank (ttb), the central bank’s Monetary Policy ...

Thailand’s economy is expected to expand 3 per cent-4 per cent this year and monetary and fiscal policies must work together to ensure economic growth and stability, the finance minister said on Wednesday.Southeast Asia’s second-largest economy continues to be supported by the vital tourism sector ...

The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) believes the banking sector will delay raising the interest rate in line with the Bank of Thailand’s anticipated gradual policy rate hike.Under the policy rate hike trend in the second half of this year, banks ...

The Bank of Thailand held its key interest rate unchanged on Wednesday as the country’s Covid-19 outbreak eases, allowing the government to loosen movement restrictions to boost local demand and tourism.The bank’s Monetary Policy Committee voted unanimously Wednesday to hold the one-day repurchase rate at ...

At a meeting on Wednesday, the Bank of Thailand’s Monetary Policy Committee (MPC) voted unanimously to maintain the policy rate at 0.5 per cent to support economic recovery, while placing emphasis on more targeted measures, MPC secretary Titanun Mallikamas said.The committee believes that despite the ...

The Bank of Thailand (BoT) left its key interest rate unchanged at a record low for a second straight meeting on Wednesday, as widely expected, on signs of improvement in the economy after the easing of measures to contain the coronavirus outbreak.The BoT’s Monetary Policy ...

The Bank of Thailand has reduced its economic outlook to a contraction of 8.1% this year, deeper than the 1997 financial crisis, but kept the policy rate on hold at 0.50%.The latest economic forecast for 2020 is worse than the record contraction of 7.6% for ...

Investor confidence in Thailand’s financial markets over the next three months has hit its highest level this year, helped by the sooner-than-expected easing of a coronavirus lockdown, a capital market association said on Tuesday.The Federation of Thai Capital Market Organisations said its May survey showed ...