Bank of Thailand tailors rate rise of 0.25% to avoid killing off badly needed economic growth this year
Thai Examiner - Thailand's news for foreigners por Thai Examiner
Notas del episodio
Bank of Thailand’s modest rate rise will not stymie current economic growth and momentum which is moving upwards. The last rate rise still leaves levels in Thailand well behind its peers in Asia and the United States with lower borrowing and deposit rates while core inflation is growing although the rate of consumer price rises in July was just below that seen in June.
Joseph O' Connor reports from Bangkok.
Palabras clave
bank of thailand tailored rate rise of 25 basis pointsbank of thailand raises rates for the first time since 2018 leaving the country with one of lowest borrowing rates in the world