Tag: rate
Thai central bank raises rates, willing to adjust tightening as necessary
By Reuters and published by US News & World Report THE Thai central bank raised its key interest rate modestly for a second straight meeting today (Sept. 28) to tame 14-year high inflation and said it was willing to adjust the size and timing of rate moves as necessary. The Bank of Thailand’s (BOT) monetary …
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60-70% of Thais have been infected with Covid: Expert
A THAI medical expert said in a Facebook post today (Sept. 21) that blood tests previously carried out indicate that around 60-70% of the population have been infected with Covid-19, particularly the dominant Omicron subvariant, Matichon newspaper said. Dr. Yong Phuworawan, the head of the Centre of Excellence in Clinical Virology at the Faculty …
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Baht at its weakest point in 6 years as Fed’s aggressive rate hike looms
THE BANK of Thailand is keeping a close eye on the Thai baht which touched its weakest exchange rate to the US dollar today (June 15) as global markets brace for the sharpest rise in US interest rates in almost 30 years with the Federal Reserve taking action to halt rising inflation, INN News …
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March inflation shrinks after gov’t financial aid
SEVERAL cost of living reduction measures by the government and lower fresh food pricing have resulted in a slight decrease in Thailand’s inflation rate in March, according to a report from the Ministry of Commerce. The Ministry of Commerce reported a 0.08% reduction in the inflation rate in March, which is the smallest decline recorded …