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Thailand Central Bank Could Leave Rates Unchanged

来源:建广律师事务所     2013-01-05
字号:T|T

Alfonso Esparza    01/02/2013


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Thailand's annual inflation rate jumped to 3.63 percent in December, up almost one percentage point from

 November, but core inflation is comfortably within the central bank's target range, putting it under no 

pressure to raise interest rates.

Most economists expect the Bank of Thailand (BOT) to keep its policy rate unchanged at 2.75 percent at its 

next monetary policy meeting on Jan. 9.

December's inflation rate — the highest since November 2011 — still leaves it with ample room to keep

 interest rates low but has reduced the chance of any further cuts to help Thailand deal with the bad global 

economy.