TITLE

Interest Rates To Remain On Hold In 2011

PUB. DATE
January 2011
SOURCE
Asia Monitor: South East Asia Monitor Volume 1;Jan2011, Vol. 22 Issue 1, p5
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
The article presents the journal's outlook concerning Bank of Thailand's decision to hold interest rates at 1.5 percent. It states that the unchanged rates suggested that the central bank may be concerned that further increase will put upward pressure on the Thai baht. It adds that a weak global economic growth, and cooling inflationary pressures suggests that the bank is likely to adopt a passive stance on monetary policy, and interest rates are expected to remain unchanged throughout 2011.
ACCESSION #
55730782

 

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