Bank of Thailand Flags Irregular Withdrawals, Biggest Reaches B250m
Photo Credit: Bangkok Post The Bank of Thailand (BoT) has flagged a series of unusually large cash withdrawals — the biggest exceeding 250 million baht — prompting closer scrutiny and…
Bank of Thailand to Impose Limits on Online Gold Trading
The Bank of Thailand will introduce limits on online gold trading from Jan 29 in an effort to reduce upward pressure on the baht, Governor Vitai Ratanakorn said on Wednesday.…
Bank of Thailand Suggests Stricter Regulations on Gold Trading
The Bank of Thailand has urged the Ministry of Finance to tighten controls on gold trading, citing its influence on currency movements and the baht’s rise. Governor Vitai Ratanakorn indicated…
Bank of Thailand Reduces Interest Rates to Stimulate Struggling Economy
The Bank of Thailand announced a rate cut on Wednesday, aligning with widespread expectations, to bolster an economy facing multiple challenges, including political instability, a strengthening baht, and US trade…
Bank of Thailand forecasts that stimulus measures will boost GDP growth in the fourth quarter
The Bank of Thailand anticipates that the “Khon La Khrueng Plus” co-payment scheme will significantly contribute to GDP growth in the final quarter of this year. The central bank forecasts…
The Bank of Thailand has been urged to implement measures to address the strength of the baht.
Business operators have renewed calls for the Bank of Thailand to address the strengthening of the baht, suggesting that an exchange rate of 34–35 baht per US dollar would better…
Bank of Thailand Maintains Policy Rate at 1.50%
Sakkapop Panyanukul, Secretary of Thailand’s Monetary Policy Committee (MPC), announced on Wednesday (October 8) that the committee decided to keep the policy rate steady at 1.50%, with a voting split…
Bank of Thailand Looks to Mitigate Gold Price Impact on Baht
Thailand’s central bank announced on Monday that it will closely monitor and manage the baht. The Bank of Thailand is exploring measures to reduce the influence of gold price fluctuations…
Bank of Thailand Shifts Emphasis to Economic Growth, Anticipates Additional Rate Cuts
The Bank of Thailand’s (BoT) rate-setting committee is now prioritizing concerns over the country’s declining growth outlook, with Nomura Holdings Inc. anticipating more aggressive rate cuts to stimulate the economy.…
Bank of Thailand Directed to Maintain Policy Rate at a Maximum of 2%
The central bank’s policy rate should be capped at 2%, in line with the inflation target and Thailand’s GDP growth, according to the head of the government’s planning unit. Speaking…