Tags : Bank of Thailand

News

Euro zone will break up, Bank of Thailand Governor predicts

Bank of Thailand Governor Prasarn Trairatvorakul envisions the eventual break-up of the euro zone. Much depends on the euro economies’ commitment to the handling of their structural problems and agreement to amend the Maastricht Treaty to embrace fiscal and labour integration, which are the kingpins of monetary integration. The United States went through this crisis […]Read More

Bangkok

Bangkok security tightenedfor Chinese New Year celebrations

As Thais of Chinese descent celebrate Chinese New Year this weekend, the Bangkok Metropolitan Administration (BMA) yesterday dispatched security officers to guard 35 locations around the capital, while Bangkok Governor Sukhumbhand Paribatra participated in a ceremony believed to ward off bad luck to celebrate the auspicious occasion. The Bank of Thailand (BOT) has made available […]Read More

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Bank of Thailand launching new banknote series next week

BANGKOK, Jan 12 — The Bank of Thailand (BoT) will issue a new series of banknotes, its 16th series, next week after the current series has circulated in the market for more than 14 years, according to BoT Governor Prasarn Trairatvorakul. Mr Prasarn said that the new notes comprise five denominations — Bt20, Bt50, Bt100, […]Read More

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Thai central bank cuts key interest rate first time in

BANGKOK, Nov 30 – The Bank of Thailand on Wednesday cut policy interest rate by 0.25 per cent for the first time in two years to support economic restoration and investment after an impact of flooding on the Thai economy has widened and become more severe. At Wednesday’s meeting, the BoT’s Monetary Policy Committee (MPC) […]Read More

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Thai central bank may reduce GDP projection due to flooding

BANGKOK, Nov 23 – The Bank of Thailand (BoT) is likely to cut this year’s economic growth projection significantly in its Monetary Policy Committee meeting Nov 30, considering the impacts from flooding, according to BoT Governor Prasarn Trairatvorakul. The bank’s previous 2011 GDP growth forecast on Oct 19 was 2.6 per cent. Recovery may be […]Read More

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Bank of Thailand: Cutting key interest rate possible to stimulate

BANGKOK, Nov 18 – The Bank of Thailand (BoT) may consider cutting the key interest rate at its next meeting on Nov 30 to stimulate the post-flood economy if flood impacts on the economy worsen than expected, Dr Prasarn Trairatvorakul, the BoT governor said. The Nov 30 meeting will be this year’s last for the […]Read More

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Gold Donated via Revered Monk Put in Thailand National Reserve

The Bank of Thailand governor has reported that 920 kilograms of gold bars donated by the late revered Buddhist monk Luangta Maha Bua have been deposited into a special account of the national reserve. Governor of the Bank of Thailand, Prasarn Trairatworakul, said the central bank has received 920.5 kilograms of 99.9-percent gold bars collected […]Read More

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Bank of Thailand signaling interest rates hike

BANGKOK, 29 March 2011 (NNT) – The Bank of Thailand (BoT) would gradually increase interest rates in a bid to control the current inflation within the kingdom, according to BoT Governor Dr Prasarn Trairatvorakul. Dr Prasarn stated that the government in the last 1-2 years was very concerned over national economic recovery due to the […]Read More