Thursday, March 29, 2018

FW: RHB | Thailand | BoT Maintains Policy Rates, Positive On Outlook

 

 

 

 

 

Economic Research

29 March 2018

Thailand

 

Economic Update

 

 

 

BoT Maintains Policy Rates, Positive On Outlook

 

The BoT’s MPC has kept its benchmark lending rate (1-day bilateral repurchase rate) unchanged at 1.5%. As a whole, the central bank is of the view that Thailand’s growth outlook has improved – this is on the recovery of domestic demand and views that monetary policy should remain accommodative to sustain economic growth whilst ensuring financial stability. Going forward, we do not envisage any rate cuts throughout the year.

 

Economists:

Peck Boon Soon | +603 9280 2163

Aris Nazman Maslan  | +603 9280 2184

 

 

To access our recent reports please click on the links below:

 

22 March : Exports Ease From 5-Year High

02 March : CPI Eased Further in February

05 March : Exports Rose to Five-Year High

21 February : 2017 GDP Rose 3.9%, Outlook Is Rosy 

15 February: BoT Remains Optimistic On Growth, Holds Rate At 1.5%

 

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

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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