Rates round-up: Ghana and Thailand tighten
Many central banks in Africa, Asia and Europe still raising rates, but Angola continues cuts
Thailand: The Bank of Thailand raised its policy rate for a fifth straight time today (March 29) and signalled further tightening to come.
The BoT’s seven-member monetary policy committee voted unanimously to raise the one-day repurchase rate by 25 basis points to 1.75%. Today’s decision follows four consecutive 25bp rate hikes.
“With all the data that we have now, we think the rate normalisation should continue,” Piti Disyatat, assistant governor at the BoT, said during a briefing after the
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