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Economic Research
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07 Aug 2014
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Thailand
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Economic
Highlights
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The
Bank of Thailand’s
(BOT)
Monetary Policy Committee (MPC) kept the key policy rate (1-Day Bilateral
Repurchase
Rate) unchanged at a three-year low of 2.00% on 6th August (see
Figure 1), for the third
consecutive
meeting, since slashing rates by 25 basis points in March. The decision came
in line with consensus’ and our expectations as the economy appears to be
improving following the military coup in late-May and the subsequent
government’s reform efforts.
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Thursday, August 7, 2014
RHB | Thailand | BOT Maintains Policy Rate For The Third Straight Meeting
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