BOT maintains policy rate

WEDNESDAY, NOVEMBER 04, 2015
BOT maintains policy rate

The Bank of Thailand today decided to maintain the policy rate at 1.5 per cent, expecting government's measures to boost the economy next year.

It said that Thailand should see positive inflation next year. 
Most economists expected no change at the meeting today. Some said a rate cut would not boost domestic spending as consumer and business confidence as a whole remains low in light of weak global economic recovery.