Thai central bank holds fire again, rates likely to stay on hold


BANGKOK, April 2 (Reuters): Thailand's central bank left its key interest rate unchanged at a record low on Wednesday despite rising inflation, and trimmed its 2022 growth forecast for the pandemic-stricken economy.

The Bank of Thailand (BOT) said it expected inflation to come in above target this year before returning to its 1-3% target range next year.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

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 , Holding Rates

   

Next In Aseanplus News

Thai PM 'deeply saddened' by deaths of two Thais in October 7 attack
Tragic accident: Man dies after exercising while hanging by his neck in China
Nancy heads Malaysian delegation at Cedaw in Geneva
Ulu Tiram police station attack: Seven arrested, including two students, suspected Jemaah Islamiyah member
‘Tip of the iceberg’: Spate of Hong Kong murder-suicide tragedies sparks calls for early detection of high-risk families
US House committee moves quickly to approve bill limiting business with Chinese biotech firms
No limits? Why Vladimir Putin’s latest visit will test China-Russia ties
Beijing’s intervention in Chinese markets, including tech, could strangle ‘economic dynamism’, author says
Bursa Malaysia's rally pushes on amid regional profit-taking
Singapore Air staff get eight months' salary bonus after record profits

Others Also Read