Thailand holds key rate to shield growth


Keeping it steady: Thailand’s central bank logo is seen at the Bank of Thailand in Bangkok. The central bank left the one-day bond repurchase rate at 1.5, with monetary policy committee members unanimously in favour. — Reuters

BANGKOK: Thailand’s central bank held its key interest rate near a record low to shield the nation’s economic recovery as the threat of trade protectionism mounts.

The one-day bond repurchase rate was left at 1.5%, with monetary policy committee members unanimously in favor, the Bank of Thailand said in Bangkok.

Subscribe now for a chance to win your dream holiday!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , Thai rate , interest

   

Next In Business News

Awantec wins RM25.7mil contract renewal from MOE
Pelikan changes name to PBS
AirAsia and Sabah Tourism Board team up to boost state tourism for next five years
FBM KLCI ends higher; Toyo Ventures slides 23.19%
PR1MA collaborates with Huawei, Sany Construction on sustainable, affordable housing
5G-Driven smart factories to contribute RM36.8bil to national GDP
CIMB Islamic named Global Islamic Bank of the Year and Best Islamic Bank in Malaysia
Oil drops on worries about demand, slowing US economy
China's CICC eyes Southeast Asia expansion in bid to ease domestic woes
HIMSS and SNS Network partner to drive digital health transformation in Malaysia

Others Also Read