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.

   
 
 

Thailand Interest Rate


Actual Previous Highest Lowest Dates Unit Frequency
2.00 2.00 5.00 1.25 2000 - 2014 Percent Daily
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 Saturday, October 25, 2014.


Thailand Holds Key Rate at 2%


At its September 17th meeting, Thailand's central bank decided to leave the policy rate unchanged at 2 percent, as the current policy stance does not pose risks to financial stability.

Statement by the Bank of Thailand:

The global economy recovered at a moderate pace, with greater growth differentials across regions.  Recovery in the euro area and Japan remained weak, though benefits from sustained policy support should become more evident in the periods ahead. The US continued to recover firmly, while Asian economies expanded as expected.

Latest data suggested that improving private confidence and a rebound of private and public spending have shored up domestic demand, which should help sustain economic momentum. Nevertheless, supply-side limitations and low agricultural prices have affected exports. Tourism has begun to recover slowly towards its normal trend. Meanwhile, the financial system and inflation remained stable.

The committee judges that the current degree of monetary accommodation is still needed given an early stage of recovery, and does not pose risks to financial stability. The committee thus voted unanimously to maintain the policy rate at 2.00 percent per annum. Two MPC members were unable to attend this meeting.

Bank of Thailand | Joana Taborda | joana.taborda@tradingeconomics.com
9/17/2014 8:51:37 AM


Recent Releases

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. Published on 2014-08-06

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


Calendar GMT Country Event Reference Actual Previous Consensus Forecast
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% 2.0% 2.0% 2%
2014-11-05 07:30 AM Thailand
Interest Rate Decision
2.0% 2.25%
2014-12-17 07:30 AM Thailand
Interest Rate Decision
2%


Thailand 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 161572.13 167523.42 189883.65 326.00 USD Million [+]
Loans to Private Sector 3564261.00 3551168.00 3564261.00 1701089.00 THB Million [+]
Banks Balance Sheet 16174481.00 16374187.00 16374187.00 14874369.00 THB Million [+]
Central Bank Balance Sheet 6037677.00 6074403.00 6251360.00 2103522.00 THB Million [+]