Thai CB Holds Key Rate
Thai CB Holds Key Rate

Thai CB Holds Key Rate

Thai CB Holds Key Rate

Thailand’s central bank kept its benchmark interest rate unchanged for an 11th consecutive meeting, the longest streak on record, as an economic recovery continues to gain momentum, Bloomberg reported. The Bank of Thailand held its one-day bond repurchase rate at 1.5%, with monetary policy committee members voting unanimously in favor, it said in Bangkok on Wednesday. All but one of the 23 economists surveyed by Bloomberg News predicted the decision, with Moody’s Analytics Inc. forecasting a 25 basis-point cut. Consumer confidence rose to a five-month high in August, buoyed by public approval of the nation’s new constitution and better-than-expected economic growth in the second quarter.


Short URL : https://goo.gl/bhb0b4
  1. https://goo.gl/uiaK4K
  • https://goo.gl/bS8FUQ
  • https://goo.gl/kGkF0N
  • https://goo.gl/GIzsJb
  • https://goo.gl/CQbMXU

You can also read ...

 Final Nail in Abraaj Coffin
The Abraaj Group has been put through the ringer in past...
Saudi Arabia Bleeds as Capital Flight Continues
As Saudi Arabia raises the stakes in its dispute with Canada...
Experts Say China Economy Manageable
Recent external pressures, a general global trade malaise...
Qatar Pledges $15b Investment :      Turkish Lira Weakens 6% on Threat of More US Sanctions
Turkey’s battered lira weakened more than 6% against the...
Europe Should Resist Illegal US Penalties
European countries should take effective steps to counter US...
Indonesia Sets Moderate Growth Goals
Amid rising external pressures, Indonesia’s economy is...
 Crypto Scams on the Rise in UK
Crypto currency scams are using images of celebrities and...
Australia Drought Could Cost $12 Billion
The Reserve Bank of Australia and a new report have warned of...