The Latest Breaking News from Bank of Thailand

Bank of Thailand still upbeat despite headwinds

The Thai economy will face more challenges next year amid global uncertainties, but its recovery remains on track, according to a Bank of Thailand (BoT) executive.

Bangkok Post · Nov 2, 2022

Baht set for relief as current-account swings to surplus

A better-than-expected rebound in foreign tourist arrivals, lower oil prices and sliding shipping costs are brightening the outlook for Thailand’s current account, potentially offering a reprieve for the country's currency trading near a 16-year low.

Bangkok Post · Nov 2, 2022

Central bank will stop allowing 100% mortgages

The Bank of Thailand will not extend the easing of loan-to-value (LTV) measures for mortgage loans as the economy is showing clearer signs of recovery.

Bangkok Post · Oct 31, 2022

Bank of Thailand chief: External factors constraints for managing baht

The baht is moving in line with regional currencies, with external factor the main constraint for managing volatility, Bank of Thailand (BoT) governor Sethaput Suthiwartnarueput said on Thursday.

Bangkok Post · Oct 27, 2022

BoT: No unusual movements seen

The Bank of Thailand says it is not seeing unusual movements in capital flows and is closely monitoring the baht, which has slid to its weakest level against the dollar in more than 16 years.

Bangkok Post · Oct 22, 2022

An Asean country might be near a crisis

I am talking about an imaginary country which is a member of Asean. This country may or may not exist. To avoid unnecessary negative repercussions, this country shall remain nameless and be referred to as country "N" with its currency "D". This country is the star of Asean with a…

Bangkok Post · Oct 19, 2022

Tourism, consumption lead GDP growth

The economy is on course for continuous recovery driven by increasing tourism activities and active private consumption, with the growth rate expected to return to pre-Covid level by the end of this year or beginning of 2023, according to Anucha Burapachaisri, the government spokesman.

Bangkok Post · Oct 17, 2022

Bank of Thailand flags inflation risk from further baht decline

The country faces the risks of inflation quickening further from a 14-year high if the baht continues to weaken, according to the central bank.

Bangkok Post · Oct 17, 2022

Bank of Thailand says gradual rate hikes appropriate for now

Thailand's economy will continue to recover this year and in 2023 and gradual interest rate hikes remain appropriate though the policy can be adjusted if the outlook shifts from forecasts, the Bank of Thailand said on Monday.

Bangkok Post · Oct 17, 2022

BoT to hold hearings on virtual bank licences

The Bank of Thailand plans to hold a public hearing about virtual bank licensing early next year, in a move to expand access to financial services for underbanked and unbanked consumers.

Bangkok Post · Oct 14, 2022