Thailand cuts key rate to record low to help economy ASEAN

Thailand cuts key rate to record low to help economy

The Monetary Policy Committee (MPC) under the Bank of Thailand (BoT) on May 20 cut its policy rate by 25 basis points to a record low of 0.5 percent, to help soften the economic impact of the pandemic and social distancing measures.
Malaysia may cut key interest rate again World

Malaysia may cut key interest rate again

After the Malaysian central bank (BNM)’s second overnight policy rate (OPR) cut on March 3, economists said that it will decide to shave off the key rate again and the cut will happen as early as May.
Thai baht’s price sees rapid increase World

Thai baht’s price sees rapid increase

The Federation of Thai Industries (FTI) is calling on the Bank of Thailand to launch new measures to rein in the baht's rapid gains after the currency hit a more than six-year high.
Bank of Thailand holds interest rate at 1.75 percent World

Bank of Thailand holds interest rate at 1.75 percent

The Bank of Thailand (BoT) on May 8 held its benchmark interest rate unchanged for a third straight meeting, as widely expected, saying monetary policy remained accommodative while risks to financial stability remained.
Thai economy shows good performance: SCB World

Thai economy shows good performance: SCB

The Siam Commercial Bank’s (SCB) latest review of the Thai economy reveals a healthy expansion rate despite a decrease in growth due to the global economy, trade war between the United States and China, and uncertainty among private companies on the formation of new government.
Thailand to keep interest rate unchanged World

Thailand to keep interest rate unchanged

Thailand’s central bank plans to keep its interest rate unchanged again on August 8 to aid economic growth as inflation remains benign and policymakers say capital outflows are not currently a concern, according to Reuters.
Thailand: Domestic demand not strong enough ASEAN

Thailand: Domestic demand not strong enough

Thailand’s economy saw an increase in external demand but domestic demand was not “sufficiently strong”, according to a minutes of the Bank of Thailand (BoT)’s latest policy meeting.
World

Thai baht falls to the lowest in three years

The Thai baht fell below 32 against the US dollar, the lowest level in three years, following concerns about the outflow from investors and the stock market also sank at one point to its lowest intraday level since last November.
World

Bank of Thailand keeps interest rate unchanged at 2.5 pct

The Monetary Policy Committee (MPC) of the Thai central bank has decided to maintain the policy interest rate at 2.5 percent for the rest of this year in order to give support to economic expansion, local media reported on August 22.