Bank of Thailand mostlikely to raise policy rate next week

Bank of Thailand mostlikely to raise policy rate next week

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Analysts state development to stay listedbelow 4% through 2025 released : 24 May 2023 at 13: 34 A guy purchases veggies at Ying Charoen market in Bang Khen district, Bangkok. (Photo: Apichit Jinakul) The Bank of Thailand (BoT) might raise the policy rate one last time at the end of the month after a constant speed of tighteningup giventhat August assisted bring inflation back to target in less than a year, according to experts. The BoT will mostlikely lift its criteria rate by a quarter-point to 2% on May 31 and then keep the
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