Interest Rate Decision Meanwhile, policymakers expect the Thai economy to shrink 5.3 percent in 2020, which would be the first contraction since the global financial crisis in 2009.In Thailand, interest rates decisions are taken by The Bank of Thailand’s Monetary Policy Committee. This page includes a chart with historical data for Deposit Interest Rate in Thailand. All rights reserved. Interest Rate Decision Interest Rate in Thailand averaged 2.13 percent from 2000 until 2020, reaching an all time high of 5 percent in June of 2006 and a record low of 0.50 percent in May of 2020.
©2015 Bank of Thailand. Policymakers added that the bank is ready to use its appropriate monetary policy tools if necessary.The Bank of Thailand cut its key policy interest rate by 25bps to 0.5 percent on May 20th 2020, matching market forecasts.
The decision was unanimous and in line with market expectations. External interest rates such as US interest rates, LIBORs, and SIBORs are also compiled. Reference
TEForecast Policymakers projected that the headline inflation would remain negative in 2020, to then rise toward the target in 2021. ( Best View with Chrome, Safari, Firefox or IE 10 (and above) )
The Committee noted that the extra accommodative monetary policy since the beginning of the year as well as the fiscal, financial, and credit measures additionally announced helped to cushion the impact of the coronavirus crisis and would support the economic recovery. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.
Toggle navigation Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. The data covers domestic money market interest rates, namely the interbank rates, Bangkok Interbank offered rate (BIBOR), Thai Baht Implied Interest Rate, End-of-day Liquidity Rate, deposit rates and lending rates of financial institutions.
This page provides - Thailand Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Interest Rate Decision
Policymakers slashed interest rates by 25bps at an emergency meeting on March 20th, in an attempt to combat the impact of the pandemic on the economic outlook and domestic financial markets. The decision came in line with market expectations. Please enable scripts and reload this page. The Bank of Thailand held its policy rate at 0.75 percent during its March meeting, defying market forecasts that suggested a fresh 25bps rate cut as the Convid-19 crisis escalates. Thailand Interest Rate - data, historical chart, forecasts and calendar of releases - was last updated on …
The main interest rate is the 1-day repurchase rate. Diese Werte, historische Daten, Prognosen, Statistiken, Diagramme und ökonomische Kalender - Thailand - Zinssatz.
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The central bank lowered its 2020 forecasts: the GDP is seen shrinking 8.1 percent compared to a 5.3 percent drop projected in March and the inflation is seen falling to -1.7 percent (-1 percent in March). The data covers domestic money market interest rates, namely the interbank rates, Bangkok Interbank offered rate (BIBOR), Thai Baht Implied Interest Rate, End-of-day Liquidity Rate, deposit rates and lending rates of financial institutions. ©2015 Bank of Thailand. External interest rates such as US interest rates, LIBORs, and SIBORs are also compiled.
Thailand - Interest Rate Central Bank holds rates steady in August At its 5 August meeting, the Monetary Policy Committee of the Bank of Thailand (BoT) decided to hold the policy rate at a record low of 0.50%, having cut the rate by 75 basis points since the start of the year. The Committee added that they will continue to monitor developments of economic growth, inflation, and financial stability, together with associated risks, including external risks and the impact of the outbreak and added that would stand ready to use additional appropriate monetary policy tools if necessary.The Bank of Thailand left its key policy rate unchanged at a record low of 0.5 percent on June 24th 2020, making a pause on the policy tightening trajectory after three rate cuts so far this year.
Deposit Interest Rate in Thailand averaged 6.36 percent from 1980 until 2019, reaching an all time high of 13.67 percent in 1991 and a record low of 1.02 percent in 2009.
Interest Rate Decision Interest Rate Decision
Interest Rate. The economy shrank 1.8 percent in Q1 2020, the worst economic downturn since Q4 2011.
Download historical data for 20 million indicators using your browser.Direct access to our calendar releases and historical data. Policymakers also showed concerns about the baht strength and said they were ready to use its tools as appropriate.
The Bank of Thailand left its key policy rate unchanged at a an all-time low of 0.5 percent on August 5th 2020, as widely expected.