of 31.59 THB/USD compared to 31.92 THB/USD in the same quarter last year and 31.62 THB/USD in the previous quarter. During the first seven months of 2019, the BOT’s Monetary Policy Committee (MPC
exchange rate was 31.30 THB/USD, stronger than the level 31.62 THB/USD during the same period last year, but weaker than 30.28 THB/USD seen in the previous quarter. The Monetary Policy Committee (MPC
that the Bank of Thailand’s monetary policy stance will remain accommodative in the period ahead and future policy rate increases will be gradual. Thai Banking Industry in 2018 In 2018, commercial banks
sales gallery of project “The Estelle Phrom Phong” in Singapore to increase oversea customers. Management outlook and future projects In the second half of the year, since August, the Monetary Policy
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
consumption. The Thai baht averaged 31.54 THB/USD, appreciating from 35.12 THB/USD in the same period last year and 32.95 THB/USD in the fourth quarter of 2017. The Monetary Policy Committee (MPC) decided to
31.92 THB/USD, weakening from 31.54 THB/USD in the previous quarter but remained stronger than 34.30 THB/USD in the same period last year. The Monetary Policy Committee (MPC) decided to keep the policy
private consumption and total investment were constantly expanding. However, Thai economy still faces external risk such as U.S. monetary and trade policy and global economic uncertainty. As of August 31
exceeding THB 41,500 million from The Siam Commercial Bank Public Company Limited and KrungThai Bank Public Company Limited, and the loan facility with (Translation) available balance of THB 3,000 million
Economic Outlook of the International Monetary Fund for October 2019 cut this year’s global economic growth projection to 3.0 percent from the previous forecast of 3.2 percent. The figure is the lowest