Thai central bank lifts 2017 growth forecast a tad, holds key rate


BANGKOK: Thailand’s central bank has turned slightly more optimistic about how fast the country will grow this year while leaving its key interest rate at same low level it has been since April 2015.

As expected, the Bank of Thailand (BoT)’s Monetary Policy Committee yesterday voted unanimously to keep the one-day repurchase rate at 1.5%, a quarter-point above the record low.

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 , Thailand , economy

   

Next In Business News

Malaysia,Thailand target US$30bil bilateral trade by 2027
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

Others Also Read