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The Bank of Thailand declares steady recovery of the Thai economy in June, predominantly in the tourism and export sectors
Ms. Chayawadee Chai-Anan, Deputy Director of Institutional Relations Department at the Bank of Thailand, revealed that the Thai economy marked consistent recovery in June 2023.
July31,2023
BOT is expected to implement banking policy more flexibly in Q2 and Q3
It is reported that the Bank of Thailand (BOT) carried out theopinion solicitationfrom February 1 to 28 this year, for formulating policies for the restructuring of Thailand's financial industry.
March30,2022
CIMBT and KBANK sign a derivatives contract to discontinue LIBOR
The Bank of Thailand (BOT) announced the rescission of London Interbank Offered Rate (LIBOR) as a reference rate for global financial markets.
September02,2020
Thai central bank ready to take steps to curb baht appreciation
Thai baht rose at a faster pace than most Asian currencies over the past two weeks, the Bank of Thailand is poised to consider measures necessary to prevent the currency's upward streak from exacerbating the country's current fragile economy.
June02,2020
Bank of Thailand cuts key rate by 0.25 pct
The MPC said as the current Covid-19 outbreak situation was changing rapidly, it was necessary to introduce policies in a timely manner prior to the scheduled meeting to help cushion the impact of the outbreak on Thailand's economy and financial markets.
April09,2020
Thai Finance Minister endorses central bank's cut in GDP growth forecast
Speaking of the move of the Bank of Thailand (BOT) to lower its forecast for Thailand's GDP growth to -5.3 percent in 2020, Finance Minister Uttama Savanayana said the figure is not surprising, as everyone is very aware of the impact of the current Covid-19 outbreak on global economy.
March27,2020
Thai central bank relaxes LTV rules for mortgages
The Bank of Thailand (BOT) adjusted credit regulations for the real estate sector and further eased loan-to-value (LTV) regulations, in order to simplify the loan procedures for home buyers with real housing needs
January21,2020
Thai central bank concerned about strong baht
The Bank of Thailand (BOT) pointed out that the baht appreciation in 2019 was mainly due to Thailand's current account surplus, not foreign speculative activities.
January15,2020
Thai business confidence index falls to 45.1
Thai business confidence index in December 2019 was 45.1 points, lower than that in the previous month, and in the manufacturing sector the indicator has been below 50 points for nine straight months and nearly all components experienced a decline.
January03,2020
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