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Search Result for “policy rates”

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BUSINESS

Exploring factors driving the inflation uptick

Business, Janine Phakdeetham, Published on 09/03/2022

» The Commerce Ministry recently announced Thailand's headline inflation rate rose 5.28% in February year-on-year, which was higher than expected. The surge in the economic indicator marked the fastest rate jump in 13 years and breaches the central bank inflation target for this year.

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BUSINESS

Economic outlook turns dour as committee meets

Business, Janine Phakdeetham, Published on 30/03/2022

» All eyes are on the Bank of Thailand as rising inflation, spiking energy prices, a weakened baht and the impact of the war in Ukraine could all combine to influence a revision of key economic figures, especially GDP growth and interest rates, at the central bank's rate-setting committee meeting on Wednesday.

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BUSINESS

Baht in spotlight after hitting 7-year low

Business, Janine Phakdeetham, Published on 13/07/2022

» The currency of Southeast Asia's second-largest economy hit a seven-year low of 36.35 baht against the greenback last week. Nonetheless, analysts feel upbeat about the baht's future in the second half of this year.

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BUSINESS

Taking a deep dive into the baht rebound

Business, Janine Phakdeetham, Published on 03/08/2022

» The currency of Southeast Asia's second-largest economy traded against the greenback at 36.08 on Monday, appreciating 1.4% compared to a week prior.