Bank of Thailand holds main rate in split vote

Bank of Thailand
Photo: George Johnson

The Bank of Thailand held the key interest rate unchanged at 0.5% on August 4, but two policy-makers broke with the consensus and called for more easing.

The two dissenters on the monetary policy committee voted to cut the rate by 25 basis points, while the other four members opted for no change. The members who voted for a cut argued this would “shore up the economy and mitigate heightened risks in the period ahead”, the BoT’s statement said.

The central bank has kept the rate unchanged for

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: