Orathai Sriring

1 day ago | marketscreener.com | Orathai Sriring |Thanadech Staporncharnchai

BANGKOK (Reuters) - Thailand's monetary policy is accommodative for handling some future risks for the country's worsening economic outlook as U.S. tariffs intensified global trade tension, central bank officials said on Wednesday. The Bank of Thailand cut its key rate at the last two consecutive meetings, to 1.75%, the lowest in two years, to support the underperforming economy, and officials said policy room was now limited. "The remaining monetary policy room is not much ...

1 week ago | money.usnews.com | Orathai Sriring |Kitiphong Thaichareon |Thanadech Staporncharnchai

By Orathai Sriring, Kitiphong Thaichareon and Thanadech StaporncharnchaiBANGKOK (Reuters) -Thailand's monetary policy is relatively accommodative and the central bank is ready to ease again, if needed, to support the economy through the global trade war, a deputy central bank governor told Reuters on Friday. Southeast Asia's second-largest economy should have grown by about 2.5% in the first quarter year-on-year, Bank of Thailand Deputy Governor Piti Disyatat said in an interview.

1 week ago | money.usnews.com | Orathai Sriring |Kitiphong Thaichareon

By Orathai Sriring and Kitiphong ThaichareonBANGKOK (Reuters) -Thailand's central bank cut its key interest rate by a quarter point for a second consecutive meeting on Wednesday, as expected, seeking to support the underperforming economy which is facing fresh pressure from steep U.S. tariffs. The Bank of Thailand's monetary policy committee voted 5-2 to reduce the one-day repurchase rate by 25 basis points to 1.75%, the lowest level in two years.

2 weeks ago | uk.marketscreener.com | Orathai Sriring |Kitiphong Thaichareon

BANGKOK (Reuters) -Thailand's central bank cut its key interest rate by a quarter point for a second consecutive meeting on Wednesday, in a move to support an underperforming economy facing uncertainty over steep U.S. tariffs. The Bank of Thailand's monetary policy committee voted 5-2 to reduce the one-day repurchase rate by 25 basis points to 1.75%, the lowest level in two years. That followed a similar reduction at the previous meeting in February.

4 weeks ago | kelo.com | Orathai Sriring |Kitiphong Thaichareon

By Orathai Sriring and Kitiphong ThaichareonBANGKOK (Reuters) -Thailand’s economic growth will be hit by U.S. tariffs on its exports, although the impact on activity won’t be as great as during the COVID-19 pandemic, a senior central bank official said on Thursday. The U.S. tariffs have halted some production and delayed investment decisions, and their effect on Thailand’s exports will be seen in the second half of the year, Bank of Thailand Assistant Governor Sakkapop Panyanukul said.