Published 2 days ago

Bank of Thailand cuts policy interest rate by 0.25% to prevent expansion of credit slowdown

Summary by Pattaya Mail

Sakkaphop Phanyanukul, Secretary of the Monetary Policy Committee (MPC), announced the results of the MPC meeting on October 16. BANGKOK, Thailand – The Bank of Thailand’s (BoT) Monetary Policy Committee (MPC) has voted to reduce the policy interest rate by 0.25% per year, lowering it from 2.50% to 2.25%, effective immediately, October 16. The decision aims to ease debt burdens without hindering efforts to reduce household debt ratios. In the…

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Bank of Thailand cuts policy interest rate by 0.25% to prevent expansion of credit slowdown

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