was 31.94 THB/USD, weaker than the 31.59 THB/USD and 31.30 THB/USD from the same period last year and the previous quarter respectively. The Monetary Policy Committee (MPC) lowered the policy interest
lower current account 2) Central bank monetary policy - gradual tightening of monetary policy could help ease pressure on Thai Baht. However, over- tightening could lead to rise in Thai money market rates
quarter of 2019, Baht appreciated with the average exchange rate of 31.62 THB/USD, compared to 32.81 THB/USD in the previous quarter. The Monetary Policy Committee (MPC) maintained the policy interest rate
the monetary policy, at the meeting on December 19, 2018, the Monetary Policy Committee (MPC), voted 5 to 2 to raise the policy rate by 0.25% from 1.50% to 1.75%, the first policy rate increase in 7
, increase in relocations of production base to Thailand would be beneficial to private consumptions and investments and lessen the negative impacts from the external factors. For the monetary policy, at the
4) Monetary tightening as the Bank of Thailand (BOT) signaled raising the interest rate in the period ahead while financial market rates are on an upward path. However, the Bank in-house research
previous quarter. The Monetary Policy Committee (MPC) maintained the policy interest rate at 1.50 percent, viewing that while the Thai economy continued to gain further traction, there remained risks on the
quarter with the number of tourist arrivals through Suvarnabhumi Airport for March registering a decline of 80% yoy. For the monetary policy, at the meeting on March 20, 2020, the Monetary Policy Committee