BUSINESS

Thailand Economic updates: FOREX Policy rate on hold amid record-breaking exports

Business, Bangkok bank, Published on 28/06/2021

» The Monetary Policy Committee (MPC) unanimously voted to maintain the policy rate at 0.5% for the ninth straight meeting. We believe the BOT will leave the rate unchanged for at least another couple of years. The BOT believes that previous financial support schemes, such as rehabilitation loans and asset warehousing, will benefit businesses and households more than lowering the policy rate further.