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Julapun tells state banks to cut interest rates after policy rate drop

March 03, 2025

Bank of Thailand Monetary Policy Committee announced 0.25-percentage-point rate cut on February 26

Central banks expected to announce rate cuts by end of year

December 17, 2024

Finance Minister Pichai hoping Bank of Thailand will cut interest rates but economists feel this is unlikely

No clarity yet on payment platform, the heart of the digital wallet scheme

SUNDAY, JULY 28, 2024

Central bank has concerns regarding the development and operation of the bOpen Loop payment system

Govt mulls transfer of debt from 1997 financial crisis to BOT

MONDAY, MAY 06, 2024

Over the past 8 months as Prime Minister, Srettha Thavisin has held differing views from the Bank of Thailand (BOT) on various issues. These differences include the digital wallet initiative and the perceived independence of the BOT, which the government sees as a hindrance in addressing economic issues.

BOT could help Thais by reducing policy rate: Srettha

MONDAY, JANUARY 08, 2024

With inflation low, Prime Minister Srettha Thavisin on Monday reiterated his opposition to the central bank’s retention of a high interest policy rate, calling for the policy rate to also be brought down.

Bank of Thailand chief challenges PM on source of funds for digital wallet scheme

SATURDAY, NOVEMBER 11, 2023

The Digital Currency Project Policy Committee meeting presided over by Prime Minister Srettha Thavisin, wrapped up on Friday with an outline of specifics and prerequisites of the digital wallet scheme.

PM wants to work ‘more closely’ with Central Bank

MONDAY, OCTOBER 02, 2023

Prime Minister Srettha Thavisin has publicly declared that there is no animosity between him and the governor of the Bank of Thailand (BoT), saying that he would appreciate hearing the governor’s views on a regular basis.

Bank of Thailand raises key interest rate by 25 basis points to 2%

WEDNESDAY, MAY 31, 2023

The Bank of Thailand raised its policy rate by another 25 basis points, from 1.75% to 2%, effective immediately, citing inflationary pressure.

Bank of Thailand explains sudden appreciation of Baht

TUESDAY, DECEMBER 31, 2019

Mathee Supapongse, Deputy Governor of the Bank of Thailand, said on Tuesday (December 31) that the appreciation of the Thai Baht on the evening of December 30 to below 30 to the US dollar was out of line with its economic fundamentals.

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