The Bank of Thailand (BoT) yesterday decided to keep its policy interest rate, which has come into effect since early April last year, unchanged at 1.25 percent.
The central bank’s Monetary Policy Committee (MPC) during its meeting yesterday still saw several risk factors which could hamper the continuation of global economic recovery despite the country’s economy has improved satisfactorily since the last quarter of last year.
Paiboon Kittisrikangwan, the central bank’s assistant governor, on behalf of the MPC’s secretary, said although the global economic outlook has improved and some countries have begun …

The Bank of Thailand’s Monetary Policy Committee (MPC) yesterday decided to cut the policy interest rate by 75 basis points to 2.0 percent in a bid to boost Thai economy.

Dr.Duangmanee Vongpradhip, Bank of Thailand’s assistant governor for Monetary Policy Group, said the policy interest rate, which has been effective immediately, is now at the same level applied in January 2005.
The BoT assistant governor said the MPC found that Thailand’s exports continued declining while consumption and investment also slowed down while the government’s decision to inject 115-billion-baht supplementary spending budget for …