BoT votes 6-1 to keep interest rate unchanged | Bangkok Post: news

News > Local News

ECONOMY

BoT votes 6-1 to keep interest rate unchanged

Analysts do not expect the Bank of Thailand to cut the interest rate this year amid growing confidence in the country's economic outlook.

Some even expect the policy rate to be raised later this year to fight rising inflation.

The central bank's Monetary Policy Committee (MPC) yesterday voted 6-1 to maintain the one-day repurchase interest rate, which is the benchmark for the local financial market, at 2.75%.

This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.

Most Viewed

  • 26,000 reds recall bloodshed

    Ousted premier Thaksin Shinawatra said the government's amnesty efforts must focus on absolving red shirts facing legal action in connection with the 2010 political violence rather than protest leaders or even himself.

Forum

image

Your comments

  • loyhaasip1

    ThailandPost : 131

    Send message

    Discussion 2 : 21 Feb 2013 at 19.252

    Not good news if you live in Thailand, but for some reason keep your money in the UK, but pretty good news if you live here and have invested your cash in Thailand and don't need to pay hotel bills!!

  • bkkdave

    ThailandPost : 61

    Send message

    Discussion 1 : 21 Feb 2013 at 07.241

    And in one day the baht has appreciated by 3% against the GBP

    At this rate the exporters will have to start importing

    And the cost of a hotel room just went up again

Reply

Sign in once and access every part of the website at your convenience!

Please log in to our Bangkokpost.com community to post your comment.
You can sign in to the community by clicking here.

If you are not part of the community yet, please sign up here. By being part of this community you will get all these privileges.