BoT seen holding rates steady to aid recovery | Bangkok Post: business - News Summed Up

BoT seen holding rates steady to aid recovery | Bangkok Post: business


A bank employee puts new 70 Baht bank notes into an envelope before they start selling the notes printed by the Thai Central Bank in Bangkok, June 8, 2016. (Reuters file photo)Economists agree that Thailand's central bank on Wednesday will keep its low benchmark interest rate where it has been for more than two years, in line with the economy's current position. Inflation is benign, economic recovery is slow and household debt levels remain high, they say. Thailand's last rate change, a cut, was in April 2015. He projects no rate change this year.


Source: Bangkok Post July 04, 2017 05:15 UTC



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