Thai central bank expected to hold rate at record low amid Covid-19 surge


BANGKOK, Aug 2 (Reuters): Thailand's central bank is expected to keep its key interest rate at a record low 0.50% on Wednesday, as the South-East Asian country struggles with its biggest Covid-19 outbreak to date, a Reuters poll showed on Monday.

The Bank of Thailand (BOT) said last month the key rate was likely to stay low for a while amid a slow economic recovery.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Thailand , Central Bank , Hold , Rates , Lowest , Record Numbers

   

Next In Aseanplus News

Over 100,000 people evacuated
Figurehead VP steps down
Murder suspect was self-proclaimed financial ‘expert’
Five killed by unexploded ordnance over the weekend
Grass fire engulfs 19 vehicles at airport
Seoul studies 100 million won incentive for each child born
He-ppo in zoo turns out to be a she-ppo after all
Jokowi and Gibran exit PDIP party
S. Korean man sentenced to 14 months in jail for killing 76 cats
A cluster of earthquakes shakes Hualien

Others Also Read