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…
Bank of Thailand Upholds Inflation Target
Thailand’s inflation target range of 1% to 3% has been effective and should remain unchanged, according to a deputy central bank governor, who spoke on Thursday amid government efforts to…
Experts Call for Stability at the Bank of Thailand
Economists and prominent business leaders are urging the new chairman of the Bank of Thailand (BoT) to prioritize financial system stability and navigate the nation’s economic challenges effectively. This call…
Bank of Thailand Maintains Key Interest Rate at 2.50%
The Bank of Thailand (BoT) maintained its key interest rate at 2.50% during Wednesday’s meeting, marking the fifth consecutive time the rate has remained unchanged. This decision was anticipated given…
Bank of Thailand Permits Banks to Extend Credit to Users of Debt Relief Programs
The Bank of Thailand (BoT) has approved banks to continue providing credit lines to retail borrowers engaged in debt restructuring programs, aiming to support their liquidity as income recovery slows…
Bank of Thailand Sees No Need for Interest Rate Cuts Amid Slow Economic Recovery
Thailand’s economic rebound is gradual and has not yet reached its full potential, but according to Bank of Thailand governor Sethaput Suthiwartnarueput, there is presently no requirement to lower interest…
Bank of Thailand deems current interest rate resilient across various scenarios
Thailand’s current benchmark interest rate of 2.5% is considered resilient to various circumstances by Bank of Thailand Assistant Governor Piti Disyatat. Dismissing government pressure that monetary policy is overly stringent,…
The Bank of Thailand governor cautions against adjusting the inflation target.
Bank of Thailand Governor Sethaput Suthiwartnarueput cautioned against adjusting the inflation target, highlighting concerns that increasing the target could lead to a faster rise in prices and potentially harm economic…
Bank of Thailand Expected to Keep Interest Rates Unchanged
The Monetary Policy Committee (MPC) of the Bank of Thailand is expected to maintain the policy interest rate at 2.5% during its upcoming meeting, as reported on Wednesday. This decision…