Showing 1 - 10 of 61
BoT: Government change not a factor in rate policy
Published on 08/06/2023
» The Bank of Thailand says there is no need to wait and see what policies are formulated by the new government before deciding whether or not to raise interest rates further.
Exploring efforts to ease dollar volatility
Business, Somruedi Banchongduang, Published on 24/05/2023
» Regulations have limited growth of yuan-baht trade payment even as the central banks of Thailand and China have encouraged local currency settlement for quite some time.
BoT mulls easing yuan-baht trade payment
Business, Somruedi Banchongduang, Published on 12/05/2023
» The Bank of Thailand plans to relax rules for yuan-baht trade payment supporting local currency settlement, reducing reliance on the US dollar.
Bank of Thailand to relax rules on use of yuan for trade
Reuters, Published on 11/05/2023
» The Bank of Thailand (BoT) expects to relax rules on the use of China's yuan for trade this year to help reduce the impact of currency volatility, BoT deputy governor Mathee Supapongse said on Thursday.
BoT: External stability strong, economy recovering
Reuters, Published on 17/03/2023
» Thailand's external stability is sound with low foreign debt and high international reserves, while the economy is recovering steadily on increased tourism and domestic spending, the Bank of Thailand (BoT) said.
Inflation slowing, no need for big rate hikes - central bank
Reuters, Published on 15/02/2023
» Thailand's inflation will likely slow down this year and there is no need for the central bank to raise interest rates aggressively like other countries, Bank of Thailand (BoT) deputy governor Mathee Supapongse said on Wednesday.
Bank of Thailand still upbeat despite headwinds
Business, Somruedi Banchongduang, Published on 03/11/2022
» The Thai economy will face more challenges next year amid global uncertainties, but its recovery remains on track, according to a Bank of Thailand (BoT) executive.
BoT says it has intervened to steady baht
Published on 01/10/2022
» The Bank of Thailand said on Saturday that it has been in the foreign-exchange market to reduce volatility in the baht, which is hovering at 16-year lows against the dollar.
BoT: No need for special rate meeting
Published on 17/06/2022
» The Bank of Thailand says six annual interest rate meetings are sufficient for obtaining information for considering monetary policy, in a response to market speculation about an urgent meeting about an interest-rate increase.
Govt at odds with Bank of Thailand over raising rates
Bloomberg News, Published on 15/06/2022
» Government leaders are publicly making a case for keeping interest rates lower for longer, a call that is putting them at odds with the nation’s monetary policy makers who are keen to raise borrowing costs sooner to keep inflation from overheating.