THB Forex News
Thailand Cuts Key Interest Rate By 25 Bps
The Thai central bank reduced its key interest rate on Wednesday to address the increasing downside risks to the economy amid persistently low inflation. The Monetary Policy Committee of Bank of Thailand voted 6-1 to cut the policy rate by 25 basis points to 2.00 percent from 2.25 percent. One rate-setter preferred to keep the rate unchanged.
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5 days ago
Thai GDP Expands Less Than Forecast
The Thai economy grew at a slower than expected pace in the fourth quarter on contracting private investment and decelerating government spending, official data revealed Monday. Gross domestic product logged an annual growth of 3.2 percent in the fourth quarter after rising 3.0 percent in the third quarter, the Office of the National Economic and Social Development Council said.
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14 days ago
Thai Manufacturing Sector Falls Into Contraction - S&P Global
The manufacturing sector in Thailand fell back into contraction in January, the latest survey from S&P Global revealed on Monday with a PMI score of 49.6.
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29 days ago
Thai Manufacturing PMI Rises To 50.2 In November - S&P Global
The manufacturing sector in Thailand moved to expansion in November, the latest survey from S&P Global revealed on Monday with a manufacturing PMI score of 50.2.
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92 days ago
Thai GDP Expands Most In 2 Years
The Thai economy grew at the fastest pace in two years in the third quarter on strong investment, exports and government spending, data from the Office of the National Economic and Social Development Council showed Monday. Gross domestic product climbed 3.0 percent on a yearly basis after rising revised 2.2 percent in the second quarter.
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105 days ago
Thai Manufacturing Sector Stagnant In October - S&P Global
The manufacturing sector in Thailand was stagnant in October, the latest survey from S&P Global showed on Friday with a manufacturing PMI score of 50.0.
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123 days ago
Bank Of Thailand Trims Rate Unexpectedly
The Bank of Thailand unexpectedly lowered its policy interest rate for the first time in more than four years, as inflation is projected to return towards the target range by the end of this year. The Monetary Policy Committee voted 5-2 to cut the policy rate by 25 basis points to 2.25 percent. Two committee members sought to maintain the rate at 2.50 percent.
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138 days ago
Thailand Manufacturing PMI Fades In September - S&P Global
The manufacturing sector in Thailand continued to expand in September, albeit at a slower rate, the latest survey from S&P Global revealed on Tuesday with a manufacturing PMI score of 50.4.
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154 days ago
Thailand Manufacturing Sector Slows In August - S&P Global
The manufacturing sector in Thailand continued to expand in August, albeit at a slower rate, the latest survey from S&P Global revealed on Monday with a manufacturing PMI score of 52.0.
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183 days ago
Thailand Central Bank Maintains Key Rate As Expected
Despite low inflation, the Bank of Thailand left its benchmark interest rate unchanged for the fifth straight session amid the fiscal policy uncertainty. The Monetary Policy Committee voted 6-1 to hold the policy rate at 2.50 percent, the highest in more than a decade. The decision came in line with expectations.
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194 days ago
