Tags : Monetary

News

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

News

Thai central bank raises policy interest rate 0.25% to curb

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 […]Read More