Thailand Central Bank Holds Rate at 1.00%, Raises Growth Forecasts
The Bank of Thailand’s monetary policy committee unanimously kept its policy rate at 1.00% for a fourth consecutive meeting and raised its growth forecasts.
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The Bank of Thailand’s monetary policy committee unanimously kept its policy rate at 1.00% for a fourth consecutive meeting and raised its growth forecasts.
The monetary policy committee voted unanimously to maintain the rate, citing relatively controlled inflation and a pro-growth stance.
* Oil has continued to trend lower during Wednesday's APAC session as talks continue on the sidelines of this week's UN gathering. The fact negotiations are even taking place to facilitate Middle East energy shipments is driving optimism in markets but the situation remains very precarious. UST futures are higher, but