THB Forex News
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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8h 52min 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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15 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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44 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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56 days ago
Thai GDP Growth Fastest In 5 Quarters
Thailand's economy expanded at the fastest pace in more than a year in the second quarter, underpinned by consumption, exports and tourism but the uncertainty over the digital wallet plan following the leadership change weighs on growth outlook. Gross domestic product grew 2.3 percent on a yearly basis in the second quarter after rising 1.6 percent in the first quarter.
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58 days ago
Thai Manufacturing Sector Picks Up Steam In June - S&P Global
The manufacturing sector in Thailand continued to expand in June, and at a faster pace, the latest survey from S&P Global revealed on Monday with a manufacturing PMI score of 51.7.
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107 days ago
Thailand Leaves Policy Rate Steady At 2.50%
Thailand's central bank decided to keep the interest rate unchanged for the fourth straight meeting on Wednesday as the inflation rate returned to the target range, despite the rising pressure from the government to cut rates to support economic growth.
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126 days ago
Thailand Manufacturing Sector Moves Back To Expansion - S&P Global
The manufacturing sector in Thailand bounced back up into expansion territory in May, the latest survey from S&P Global revealed on Tuesday with a manufacturing PMI score of 50.3.
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134 days ago
Thailand GDP Growth Exceeds Expectations
Thailand's economy grew more than expected in the first quarter, driven by household consumption and growth in tourist arrivals, official data revealed Monday. Gross domestic product grew at a slower pace of 1.5 percent on a yearly basis, which was slower than the 1.7 percent expansion in the preceding quarter, the National Economic and Social Development Council reported.
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149 days ago
Thailand Manufacturing PMI Ebbs In April - S&P Global
The manufacturing sector in Thailand continued to contract in April, and at a faster pace, the latest survey from S&P Global revealed on Thursday with a manufacturing PMI score of 48.6.
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167 days ago