Economic Research | 15 February 2018 | |||
Thailand | ||||
Economic Update | ||||
BoT Remains Optimistic On Growth, Holds Rate At 1.5% The Bank of Thailand’s (BoT) MPC has kept its benchmark lending rate (1-day bilateral repurchase rate) unchanged at 1.5%. Central banks in neighbouring Malaysia tightened recently, but the BoT stance reflects ongoing weakness in rural consumption as well as the government’s determination in attracting FDI. Going forward, we do not envisage any rate cuts at the next MPC meeting on 29 March and throughout the year. Economist: Ng Kee Chou | +603 9280 2179 | ||||
To access our recent reports please click on the links below: 05 February: E&E And F&B Production Drag Dec 2017 MPI 05 February: CPI Starts 2018 On a Soft Note 02 February: Credit Demand Rise On Improving Economic Sentiment 23 January: Rare Trade Deficit As December Exports Slow Down 4 January: December CPI Slows On Energy Costs 2 January: MPI Rebounds After October Dip 2 January: FX Reserves’ Rise Supports Infrastructure Roadmap 26 December: Agricultural Exports Soar; Industrial Exports Resilient | ||||
Economic Team | ||||
Arup Raha | Group Chief Economist | +65 6232 3896 | ||
Peck Boon Soon | Chief ASEAN Economics | +603 9280 2163 | ||
Vincent Loo | Malaysia, Vietnam | +603 9280 2172 | ||
Ng Kee Chou | Singapore, Thailand | +603 9280 2179 | ||
Rizki Fajar | Indonesia, Philippines | +6221 2970 7065 | ||
Aris Nazman Maslan | Malaysia, Vietnam | +603 9280 2184 | ||
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