Thailand economic recovery uneven, central bank minutes from rate-cut meeting show
BANGKOK - Thailand's economic recovery is uneven and financial conditions have tightened, minutes of the Bank of Thailand's Oct. 16 monetary policy meeting showed on Wednesday.
At the meeting, the monetary policy committee unexpectedly voted 5-2 to cut the one-day repurchase rate by 25 basis points to 2.25%, the first decrease since 2020. Two members voted to keep the rate steady. The MPC deemed that the policy rate should remain neutral and consistent with economic potential, and it should not be at too low a level that would create build-ups of financial imbalances in the long term, the BOT had said after the meeting.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.would like to remind you that the data contained in this website is not necessarily real-time nor accurate.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
– 'Invest, Innovate, Interconnect,' The Largest Blockchain Event in ThailandThailand Blockchain Week 2024 – 'Invest, Innovate, Interconnect,' The Largest Blockchain Event in Thailand
Read more »
Massacre of a massacre: Thailand's Tak Bai Muslim victims denied justiceThe UN special rapporteurs of the Human Rights Council has called for the investigation and the pursuit of justice to continue even after the statute of limitations expired.
Read more »
Rights groups urge Thailand to release Vietnamese activist, saying he faces torture if extraditedA group of nearly three dozen rights groups are calling on Thailand’s prime minister to release a Vietnamese activist who has been ordered extradited home to face imprisonment on terrorism charges, saying he faces the possibility of torture if returned.
Read more »
Rights groups urge Thailand to release Vietnamese activist, saying he faces torture if extraditedA group of nearly three dozen rights groups are calling on Thailand’s prime minister to release a Vietnamese activist who has been ordered extradited home to face imprisonment on terrorism charges, saying he faces the possibility of torture if returned. Y Quynh Bdap is the co-founder of the Montagnards Stand for Justice group.
Read more »
Rights groups urge Thailand to release Vietnamese activist, saying he faces torture if extraditedA group of nearly three dozen rights groups are calling on Thailand’s prime minister to release a Vietnamese activist who has been ordered extradited home to face imprisonment on terrorism charges, saying he faces the possibility of torture if returned.
Read more »
Thailand: A Powerhouse for Fashion Innovation and Economic GrowthWWD's global fashion event in Thailand showcased the country's emerging influence in global fashion.
Read more »