Bot to Consult Gold Traders Next Week on ‘Strong Baht’ Policies
The Bank of Thailand (BOT) is scheduled to meet with gold traders early next week to discuss and finalize measures aimed at mitigating the impact of gold trading on the…
Bank of Thailand Finds No Signs of Unusual Baht Speculation
The Bank of Thailand has stated that it has not observed any irregular speculation in the baht’s trading, despite the currency’s ongoing strengthening against the US dollar. Chayawadee Chai-anant, Assistant…
Bank of Thailand Chief Expresses Concern Over Political Instability
Photo Credit: Bank of Thailand Thailand’s economic growth in the coming year faces heightened risks due to potential delays in the budget, stemming from ongoing political deadlock, according to outgoing…
Bank of Thailand Cracks Down on Mule Accounts
The Bank of Thailand is tightening regulations on financial transactions to combat mule accounts and plans to implement stricter measures for digital assets and e-wallets in the upcoming phase. Roong…
Fed and BoT Anticipated to Keep Interest Rates Steady
Economists predict that both the US Federal Reserve (Fed) and the Bank of Thailand (BoT) will keep interest rates steady during their first meetings of 2025, despite recent calls from…
BOT faces pressure to slash rates
Finance Minister, Pichai Chunhavachira, has reiterated his call for a reduction in the policy interest rate to stimulate inflation, following a recent meeting of the Monetary Policy Committee (MPC). He…
Governor of the Bank of Thailand and Finance Minister Set to Address Inflation Issues
Thailand’s central bank governor and finance minister are set to meet in early September to initiate discussions on an inflation target for 2025, according to a senior official. The government’s…
Anticipated Rate Cuts by BoT Amid Slowing US Economy This Year
According to KGI Securities (Thailand), the US economy is anticipated to experience a cyclical slowdown beginning in late 2024 and extending into 2025, prompting the Bank of Thailand (BoT) to…
Bank of Thailand Encourages Banks to Support Sustainable Transition for SMEs
The Bank of Thailand (BoT) is urging financial institutions to assist small and medium-sized enterprises (SMEs) in their transition to sustainable business practices. During a seminar hosted by the central…
Bank of Thailand sees a gradual decline in household debt trend
The Bank of Thailand foresees a continued improvement in the reduction of Thailand’s household debt relative to GDP, as the nation’s economic recovery progresses and loan growth moderates. Thailand’s household…