Central Bank Chief Signals Interest Rates Likely to Remain Unchanged
The Bank of Thailand is expected to keep its policy interest rate unchanged at 1.00%, as economic growth this year is projected at between 1.3% and 1.7%, Governor Vitai Ratanakorn…
Central Bank Warns of Rising Economic Uncertainty
The Bank of Thailand expects that recent US military operations in Venezuela will amplify global uncertainty across military, trade and financial sectors this year and into next. At the central…
Thailand’s Central Bank Moves to Stabilize Baht as Currency Reaches 4-Year Peak
The Bank of Thailand has pledged to take measures to curb excessive fluctuations in the baht and reduce the impact of gold price movements, following the currency’s surge to its…
Thailand’s Central Bank Expects Less Than 2% Growth for the Next 18 Months
The Bank of Thailand has projected that the Thai economy will grow at less than 2% over the next 18 months, mainly influenced by pressures from US tariff policies. During…
Central Bank Chief Criticizes Surge of Chinese Imports
The influx of Chinese goods has had a substantial impact on Thailand’s manufacturing growth and has constrained loan expansion in the banking sector, according to the Governor of the Bank…
Baht Expected to Strengthen if Central Bank Keeps Rates Steady
The baht may strengthen past 33 per dollar, rising from 33.40 as of Tuesday, if the Bank of Thailand opts to maintain its policy interest rate at 2.50% during Wednesday’s…
Industry Leaders Call for Discussions with Central Bank on Suitable Policy Rate
The ongoing debate about the appropriate policy rate amid the appreciation of the baht has prompted the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) to request a meeting…
Central Bank Steps in to Influence Baht Exchange Rate
The Bank of Thailand has confirmed its intervention in the baht’s value, using it as a strategy to manage the currency’s strength against the US dollar. On Monday, Chayawadee Chai-anant,…
Central Bank to Implement Policy Mix to Tackle Uneven Economic Recovery
The Bank of Thailand (BoT) plans to implement a policy mix to tackle the uneven recovery in Southeast Asia’s second-largest economy, as stated by Governor Sethaput Suthiwartnarueput on Saturday. Mr.…