Thai Central Bank Cuts Rates to Lowest in Two Years to Support Growth
8 Articles
8 Articles
Big Thai Banks Start Cutting Borrowing Costs After BOT Rate Move
Thailand’s top banks have started cutting lending rates, following the central bank’s move on Wednesday to slash the benchmark policy rate to its lowest in more than two years to support an economy hit by US tariffs.
Thai central bank cuts key rate by 25 bps, as expected
BANGKOK (Reuters) -Thailand’s central bank lowered its key interest rate by a quarter point on Wednesday, its fourth cut in 10 months as it looks to support a sluggish economy grappling with negative inflation and the impact of U.S. tariffs. The Bank of Thailand’s monetary policy committee unanimously voted to reduce the one-day repurchase rate by 25 basis points to 1.50%, the lowest in more than two years. The BOT had held the key rate at its J…
Thai central bank cuts rates to lowest in two years to support growth
BANGKOK : Thailand's central bank lowered its policy rate by a quarter point on Wednesday, its fourth cut in 10 months, to support a sluggish economy grappling with falling prices, the impact of U.S. tariffs and a decline in foreign tourists.The monetary committee unanimously voted to cut the one-day repu
Economic Stimulus: Thailand's Fourth Rate Cut
Photo courtesy of Thai Newsroom In a move aimed at reviving Thailand's sputtering economy, the central bank has once again reduced its key interest rate. This latest cut, announced on Wednesday, marks the fourth reduction in 10 months as the nation contends with stubborn economic challenges and external pressures. The Bank of Thailand (BOT) opted to lower the one-day repurchase rate by 25 basis points to 1.50 percent, the lowest it has b…
Thai central bank cuts key rate by 25 bps, as expected - Thai Newsroom
By Reuters and published by CNA THAILAND’S central bank lowered its key interest rate by a quarter point on Wednesday (Aug. 13), its fourth cut in 10 months as it looks to support a sluggish economy grappling with negative inflation and the impact of US tariffs. The Bank of Thailand’s monetary policy committee unanimously […] The post Thai central bank cuts key rate by 25 bps, as expected appeared first on Thai Newsroom.
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