Thailand
Thailand MPC split over rate cut
Minutes from the policy-makers' January meeting show that a motion to cut rates in the face of growing political unrest was defeated by four votes to three
Bank of Thailand MPC insists rising inflation is ‘not immediate threat’
Minutes from November meeting show the committee voted to cut rates for the second time in six months despite one member’s concerns that inflation could continue to pick up in 2014
Bank of Thailand lowers growth and inflation forecasts
Central bank says Thailand’s rising debt burden and falling consumer confidence are holding back domestic demand, which in turn is slowing the pace of growth and inflation
Thai governor says the fate of emerging markets rests on institutional progress
Prasarn Trairatvorakul says the destinies of emerging markets are "not strictly bound to each other" and will depend on the quality of institutions in each individual country
Thailand's Prasarn says taper disruption set to continue
Governor of the Bank of Thailand Prasarn Trairatvorakul warns taking away the punchbowl remains tricky, but says his country should take advantage of China's growing role as an importer
Prasarn hails prudent policies allowing Thailand to weather storm
Thailand's international reserves have meant the central bank has not had to raise interest rates to prop up the currency, says governor; hails ‘credible' monetary policy for ‘fostering growth and stability'
Thai governor hankers for return to ‘normal' monetary policy
Bank of Thailand's Prasarn Trairatvorakul says he wants to see an end to advanced economy QE as the central bank has come under increasing pressure to manipulate the baht
Thailand and Hong Kong launch cross-border settlement scheme
Bank of Thailand and Hong Kong Monetary Authority look to eliminate cross-border settlement risk through establishment of Asia's third PvP link between different currencies
Asia-Pacific: Financial stability concerns reflected in rate decisions and forex intervention
Indonesia leans against higher inflation expectations with rate rise, RBNZ's Wheeler concerned over ‘rapid' house price inflation, and Bank of Thailand attempts to slow baht's downward slide
Bank of Thailand rate cut aims to boost demand, not weaken baht
BoT makes clear its move was driven by disappointing economic growth, and not aimed at weakening the currency as the government would like
Bank of Thailand prepares to counter rising baht
Monetary Policy Committee agrees ‘framework for exchange rate management’, but does not yield to government demands for a rate cut
Thai central bank and government divided over rates
Bank of Thailand has resisted cutting rates in 2013 in the face of a strongly appreciating baht; IMF director says currency reflects the country and region's rebalancing
Asean pioneers lay foundation for economic union with capital markets move
Thailand, Malaysia and Singapore press ahead with capital markets integration in bid to jump-start Asian Economic Community
Thailand deputy defends rate hold in wake of appreciating currency
Pongpen Ruengvirayudh says surge in capital inflows is a cause for concern, but says abandoning inflation targeting would be ‘counterproductive’
‘Frontier Asia’ addresses challenge of growing sustainably
Thai governor and IMF official emphasise need to address the macroeconomic, financial and structural challenges that high growth rates can bring
Thai governor wary of prolonged easing
Prasarn Trairatvorakul says Bank of Thailand must be aware of the risks continued monetary accommodation poses to financial stability; also targets greater payments efficiency in 2013
World Bank weighs impact of QE on capital flows
East Asia and Pacific economic update notes large capital inflows into some countries following easing by Fed, ECB and BoJ; Thailand and Indonesia experience most significant flows
Bank of Thailand: LCR horizon should be a maximum of seven days
Experience of the Asian financial crisis leads Bank of Thailand's deputy governor to question the LCR parameters
Thailand lowers growth and inflation forecasts
Bank of Thailand says export demand has softened in latest quarterly inflation report; inflationary pressures will decrease as a result
Asian central banks have ‘positive’ record with dual mandates, says former BoT deputy
Bandid Nijathaworn says combined monetary and macro-prudential policy mandates have worked well in Asia; Asean+3 credit guarantee set to boost region’s corporate bond market
Thai governor says Basel III needs improvement
Governor of the Bank of Thailand says Basel III is too tough on trade finance and simple derivatives transactions; discusses challenges facing the eurozone
Bank of Thailand governor explains changed policy stance
Prasarn Trairatvorakul says increases in interest rate were put on hold following floods and eurozone uncertainty; warns rates could go either way
IMF paper tests portfolio rebalancing impact on exchange rates
Working paper studies effect of changes to equities portfolios in driving adjustments in exchange rates; finds higher stock market returns cause depreciation of currency
Bank of Thailand's Prasarn Trairatvorakul on the central bank's 70th anniversary
On the eve of its 70-year anniversary, Bank of Thailand’s governor, Prasarn Trairatvorakul, talks to Blair Baker about the central bank’s emerging role in domestic, regional and global economics