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Economic Research
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05 November 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 5 November (see Figure 1), for the fifth
straight meeting, since slashing rates by 25 basis points in March this year.
The decision came in line with consensus’ and our expectations as the Central
Bank is of the view that current policy rates are sufficiently accommodative
while taking into consideration the country’s long-term financial stability.
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Thursday, November 6, 2014
Daily FX Update, 6 November 2014
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