Published: January 13, 2021
The Bank of Thailand (BOT) may cut its benchmark interest rate to a new historic low of 0.25 per cent, Kasikorn Research said on Wednesday. It also warned that households and businesses remain vulnerable to debt, but insisted that Thailand’s banks were still strong amid the second wave of Covid-19.
Published: November 18, 2020
At a meeting on Wednesday, the Bank of Thailand’s Monetary Policy Committee (MPC) voted unanimously to maintain the policy rate at 0.5 per cent to support economic recovery, while placing emphasis on more targeted measures, MPC secretary Titanun Mallikamas said.
Published: May 20, 2020
The Bank of Thailand’s Monetary Policy Committee (MPC) has cut the policy rate to shore up the sharply dropping economy, and is demanding that commercial banks accelerate their debt restructuring for consumers and SMEs. It has also advised the government to come up with well-targeted and timely fiscal spending.
Published: September 19, 2019
The Kasikorn Research Centre has forecast that the Monetary Policy Committee (MPC) will decide to keep the policy interest rate at 1.50 per cent in its sixth meeting this year on September 25. The decision will be based on internal financial factors rather than the US Federal Reserve board’s direction, which saw a cut announced on Thursday.
Published: August 07, 2019
Amornthep Chawla, executive vice president of the Head Research Office of CIMB THAI, expressed surprise at the decision of the central bank's Monetary Policy Committee (MPC) to cut its policy rate from 1.75 per cent to 1.50 per cent.