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
quarter. In 2019, the BOT’s Monetary Policy Committee (MPC) has cut the policy interest rate twice, at its meetings on August 7 and November 6, lowering the rate each time by 25 basis points to its current
corporate governance. Another key change to the assessment is the introduction of an independent validation in addition to the existing peer-review process. The enhancements are being introduced to strengthen
and November Monetary Policy Committee meetings, taking the rate down from 1.75 percent to 1.25 percent. The Bank of Thailand also eased foreign exchange regulations to curb the strong baht and
has revised down its growth forecast for Thailand's gross domestic product this year to 3.3 percent from 3.8 percent. (Source : BOT Press Release No.37/2019 on Monetary Policy Report) Performance
Thai baht averaged at 34.30 THB/USD over the second quarter, an appreciation from 35.28 THB/USD in the same period last year and 35.12 THB/USD in the previous quarter. The Monetary Policy Committee (MPC
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
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
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
value will be realized in profit and loss statement in such period. In 1Q2020, the significant change in fair value of derivatives the Company has was from the conversion option embedded in convertible