Thailand Interest Rate 2000-2014 | Data | Chart | Calendar | Forecast

The benchmark interest rate in Thailand was last recorded at 2 percent. Interest Rate in Thailand averaged 2.46 Percent from 2000 until 2014, reaching an all time high of 5 Percent in June of 2006 and a record low of 1.25 Percent in June of 2003. Interest Rate in Thailand is reported by the Bank of Thailand.

   
 
 
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Thailand Interest Rate


Actual Previous Highest Lowest Dates Unit Frequency
2.00 2.00 5.00 1.25 2000 - 2014 Percent Monthly
In Thailand, interest rates decisions are taken by The Bank of Thailand’s Monetary Policy Committee. The main interest rate is the 1-day repurchase rate. This page provides - Thailand Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Thailand Interest Rate - was last refreshed on Tuesday, September 2, 2014.


Thailand Monetary Policy Unchanged in August


Bank of Thailand held the benchmark interest rate at 2.0 percent for the fifth straight month on August 6th as it considered the monetary policy appropriate to support the economic recovery.

Excerpt from the statement by the Bank of Thailand:

The global economy continued to improve steadily. The US economy grew at a firmer pace from accelerating domestic demand and stronger labour market. The euro area and Japan recovered slowly, entailing continued accommodative monetary policy. Growth in China and Asia stabilized on the back of improving exports to major economies. Some central banks in the region have begun to raise policy interest rates in light of domestic developments.

The Thai economy showed signs of improvements in the second quarter of 2014, from private spending following the political resolution. Exports recovered modestly, while public spending fell slightly short of previous assessment. In the second half of the year, firmer domestic demand and fiscal policy, particularly public investment, should lend further impetus to growth recovery. Exports of goods and tourism are expected to expand at a subdued pace. Inflationary pressure remains contained.

The committee judges that current accommodative monetary policy remains appropriate in supporting economic recovery. The policy stance is deemed consistent with long-term financial stability, which should complement government’s reform efforts to lift the economy’s potential growth.

Bank of Thailand | Isabel Felino | isabel.felino@tradingeconomics.com
8/6/2014 10:35:45 AM


Recent Releases

Thailand Leaves Monetary Policy Unchanged
At its June 18th, 2014 meeting, Thailand’s central bank left the benchmark interest rate unchanged at 2 percent, as widely expected. Policymakers also lowered its 2014 GDP growth forecast to 1.5 percent from 2.7 percent. Published on 2014-06-18

Bank of Thailand Leaves Interest Rate Unchanged
At its April 23rd, 2014 meeting, the Monetary Policy Committee left the benchmark interest rate on hold at 2.0 percent. Policymakers expect 2014 growth to be lower than previous assessed due to prolonged political unrest. Published on 2014-04-23


Calendar GMT Country Event Reference Actual Previous Consensus Forecast
2014-03-12 07:30 AM Thailand
Interest Rate Decision
2.0% 2.25% 2.0% 2.25%
2014-04-23 08:30 AM Thailand
Interest Rate Decision
2.0% 2.0% 2.0% 2%
2014-06-18 08:30 AM Thailand
Interest Rate Decision
2.0% 2.0% 2.0% 2%
2014-08-06 08:30 AM Thailand
Interest Rate Decision
2.0% 2.0% 2.0% 2%
2014-09-17 08:30 AM Thailand
Interest Rate Decision
2.0% 2.25%


Money Last Previous Highest Lowest Unit
Interest Rate 2.00 2.00 5.00 1.25 Percent [+]
Money Supply M0 1131696.00 1150368.00 1198136.00 280977.00 THB Million [+]
Money Supply M1 1585.20 1645.40 1662.30 365.90 THB Billion [+]
Money Supply M3 16128.48 16158.07 16219.32 5077.80 THB Billion [+]
Foreign Exchange Reserves 169424.35 168207.12 189883.65 326.00 USD Million [+]
Loans to Private Sector 3564261.00 3551168.00 3564261.00 1701089.00 THB Million [+]
Central Bank Balance Sheet 6074403.00 6129127.00 6251360.00 2103522.00 THB Million [+]


Interest Rate Reference Previous Highest Lowest Unit
Australia 2.50 Aug/14 2.50 17.50 2.50 Percent [+]
Brazil 11.00 Jul/14 11.00 45.00 7.25 Percent [+]
Canada 1.00 Jul/14 1.00 16.00 0.25 Percent [+]
China 6.00 Jul/14 6.00 10.98 5.31 Percent [+]
Euro Area 0.15 Aug/14 0.15 4.75 0.15 Percent [+]
France 0.15 Aug/14 0.15 4.75 0.15 Percent [+]
Germany 0.15 Aug/14 0.15 4.75 0.15 Percent [+]
India 8.00 Aug/14 8.00 14.50 4.25 Percent [+]
Indonesia 7.50 Aug/14 7.50 12.75 5.75 Percent [+]
Italy 0.15 Aug/14 0.15 4.75 0.15 Percent [+]
Japan 0.00 Aug/14 0.00 9.00 0.00 Percent [+]
Mexico 3.00 Jul/14 3.00 9.25 3.00 Percent [+]
Netherlands 0.15 Aug/14 0.15 4.75 0.15 Percent [+]
Russia 8.00 Jul/14 7.50 10.50 5.00 Percent [+]
South Korea 2.25 Aug/14 2.50 5.25 2.00 Percent [+]
Spain 0.15 Aug/14 0.15 4.75 0.15 Percent [+]
Switzerland 0.00 Jul/14 0.00 3.50 0.00 Percent [+]
Turkey 8.25 Aug/14 8.25 500.00 4.50 Percent [+]
United Kingdom 0.50 Aug/14 0.50 17.00 0.50 Percent [+]
United States 0.25 Jul/14 0.25 20.00 0.25 Percent [+]





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