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 | +65 6232 3896 | ||
Peck Boon Soon | Chief ASEAN Economics | +603 9280 2163 | ||
Vincent Loo | Malaysia, Vietnam | +603 9280 2172 | ||
Rizki Fajar | Indonesia, Philippines | +6221 2970 7065 | ||
Aris Nazman Maslan | Malaysia, Vietnam | +603 9280 2184 | ||
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