BOT Preserves Policy Space In The Face Of Building External Risk

Economic Research	23 June 2016
Thailand
Economic Highlights
BOT Preserves Policy Space In The Face Of Building External Risk The Bank of Thailand’s (BOT) Monetary Policy Committee (MPC) voted unanimously to keep its benchmark lending rate (1-Day Bilateral Repurchase Rate) steady at 1.50% (see Figure 1), opting to save its bullets ahead of cumulating external risks such as the fragile global economic recovery, monetary divergence among major economies, financial stability concerns in China, and uncertainty over the possibility of a “Brexit” in Europe. Economist:  Ng Kee Chou  | +603 9280 2179
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