Bank of Thailand concerned by baht's misalignment with economic fundamentalsTraffic on Ratchadamnoen Klang Road near the Democracy Monument, Bangkok. (Photo: Nutthawat Wichieanbut)Thailand's economy is projected to ​grow below ‌its potential and unevenly across sectors, the minutes of the Bank of Thailand's (BoT) Feb 25 policy meeting showed on ​Wednesday. At the meeting, the Monetary Policy Committee (MPC) unexpectedly cut the one-day repurchase rate ‌by 25 basis points to 1.00%, to support growth. It said a policy rate of 1.00% was sufficiently accommodative and consistent with ​the outlook. Amonthep Chawla, chief economist with the research centre of CIMB Thai Bank, has warned that Thailand is at risk of stagflation as oil prices skyrocket during the Middle East conflict, and the Thai economy could experience quarter-on-quarter contractions in the first half of this year.

Source: Bangkok Post March 11, 2026 15:06 UTC