FW: RHB | Thailand | BoT Maintains Key Repo Rate At 1.5%

 

 

 

Economic Research			21 December 2017
Thailand
Economic Update
BoT Maintains Key Repo Rate At 1.5%   The Bank of Thailand’s (BoT) MPC has kept its benchmark lending rate (1-day bilateral repurchase rate) unchanged at 1.5%. The committee had decided to keep policy accommodative while standing ready to utilise other policy tools to sustain economic growth, if needed. Going forward, we do not envisage any rate cuts at the next MPC meeting on 14 Feb 2018 and throughout the year. This is as inflation is expected to remain muted. The Monetary Policy Committee (MPC) assessed that the Thai economy had gained further traction and would achieve faster growth than previously expected. This was underpinned by stronger exports.   Economist:  Arup Raha  | +65 6232 3896 Ng Kee Chou  | +603 9280 2179
To access our recent reports please click on the links below:   4 December: CPI Inched Higher On Energy Cost 4 December: Loan Growth Continues To Ease 4 December: MPI Declines In October On Broad Weakness 23 November: Exports Maintain Momentum On Broad-Based Gains 21 November: GDP Tops 4% As Exports Surge
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
Ng Kee Chou	Singapore, Thailand	ng.kee.chou@rhbgroup.com		+603 9280 2179
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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