Thursday, February 15, 2018

FW: RHB | Thailand | BoT Remains Optimistic On Growth, Holds Rate At 1.5%

 

 

 

 

 

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

arup.raha@rhbgroup.com

+65 6232 3896

Peck Boon Soon

Chief ASEAN Economics

bspeck@rhbgroup.com

+603 9280 2163

Vincent Loo

Malaysia, Vietnam

vincent.loo@rhbgroup.com

+603 9280 2172

Ng Kee Chou

Singapore, Thailand

ng.kee.chou@rhbgroup.com

+603 9280 2179

Rizki Fajar

Indonesia, Philippines

rizki.fajar@rhbgroup.com

+6221 2970 7065

Aris Nazman Maslan

Malaysia, Vietnam

mohd.aris.nazman@rhbgroup.com

+603 9280 2184

                                                                                                                                    

 

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