Breaking News

Thai central bank raises policy interest rate 0.25% to curb inflation

BANGKOK, March 9 – The Bank of Thailand (BoT) on Wednesday raised the policy interest rate by 0.25 per cent from 2.25 to 2.50 per cent, effective immediately, Paiboon Kittisrikangwan, BoT assistant governor said.

The surge in oil and commodity prices has resulted in increased inflationary pressure, so the monetary policy committee (MPC) acted to raise its 2011 inflation forecast by 0.5 percentage points from 2.5-4.5 per cent to 3.0-5.0 per cent, he said.


Share this article

The main purpose of Thailand News is to offer our readers all news from the most popular and trusted newspapers in Thailand & Asia in one place.

Get breaking news and the latest news headlines from Bangkok, Phuket, Pattaya, Chiang Mai, Northern Thailand, Isan, the insurgency-plagued South and Asia.

Leave a Reply

By using the site you agree and accept the terms of this Privacy and Cookies Policy. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.