Tuesday, April 3, 2018

FW: RHB | Thailand | Money Supply Eases In February

 

 

 

 

 

Economic Research

03 April 2018

Thailand

 

Economic Update

 

 

 

Money Supply Eases In February

 

Thailand’s BM inched lower to +5% YoY in February, mainly on the back of weaker net foreign operations. Elsewhere, private credit and government demand for credit picked up during the month. Gross international reserves increased to USD215.4bn. This was on the back of higher exports. The THB strengthened by 0.6% vis-à-vis the USD to 31.19 in March. The currency has appreciated 4.5% YTD against its US counterpart

 

Economists:

Peck Boon Soon | +603 9280 2163

Aris Nazman Maslan  | +603 9280 2184

 

 

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

 

03 April : Industrial Activity Picks Up In February

29 March: BoT Maintains Policy Rates, Positive On Outlook

22 March : Exports Ease From 5-Year High

02 March : CPI Eased Further in February

05 March : Exports Rose to Five-Year High

 

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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