One Last Interest Rate Hike This Year

August 2011
Asia Monitor: South East Asia Monitor Volume 1;Aug2011, Vol. 22 Issue 8, p1
Country Report
The article forecasts the economic condition in Thailand. It states that the interest rates of the Bank of Thailand have increased by 25 basis points from 2.75% to 3.00% on June 1, 2011. It says that the persistent surge in money supply growth continues to be a key threat on the inflation rate in Thailand. It adds that the average monthly wage rate in the country has remained on an upward trend in the mid-2009 and is projected to continue in 2011.


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