Showing 1 - 7 of 7
MPC votes for surprise rate cut
Somruedi Banchongduang, Published on 07/08/2019
» The Bank of Thailand’s Monetary Policy Committee (MPC) voted to cut the policy interest rate by 25 basis points to 1.5%, an unexpected to move to shore up Thailand’s economic growth momentum amid intensifying Sino-US trade tensions.
Bank of Thailand sees more room to ease after surprise rate cut
Bloomberg News, Published on 07/08/2019
» The Bank of Thailand unexpectedly cut its benchmark interest rate Wednesday for the first time in more than four years to boost the economy, and said it sees more room to ease as global risks surge.
BoT surprises, cuts key rate
Reuters, Published on 07/08/2019
» The Bank of Thailand unexpectedly cut its benchmark interest rate on Wednesday, for the first time since 2015, which should support faltering growth and weaken the strong baht.
China further weakens yuan rate as currency row simmers
AFP, Published on 07/08/2019
» SHANGHAI: China's currency weakened further against the US dollar as the central bank lowered the yuan's daily reference rate again on Wednesday amid a deepening currency row between Beijing and Washington.
NZ's central bank stuns markets with 50-bp rate cut
Reuters, Published on 07/08/2019
» WELLINGTON: New Zealand's central bank stunned markets on Wednesday by cutting the official cash rate (OCR) by a bigger-than-expected 50 basis points to a record-low 1.00%, and looked set to keep policy lower for longer in the face of growing economic risks.
India, Philippine central banks to cut rate, Bank of Thailand waits
Bloomberg, Published on 07/08/2019
» Central banks in emerging Asia are poised to cut interest rates as they bolster their economies against a wave of global threats.
Edgy exporters brace for damage
Business, Post Reporters, Published on 07/08/2019
» China weakened the yuan on Monday, sparking fears of further escalation in the Sino-US trade war and leaving Thai firms worried that they would suffer further before an agreement is reached.