The Latest Breaking News from Bank of Thailand

The Finance Ministry expects the baht's value to rebound in the second half this year, in line with the anticipated narrowing of the current account deficit, says a ministry source who requested anonymity.

The Bank of Thailand (BoT) said on Friday it would let the baht move in line with market forces, but would take action if there was excessive volatility in the currency.

The Federation of Thai Industries (FTI) has warned against further currency depreciation to 37 baht against the US dollar, claiming it would make life more miserable for businesses and households because of higher oil prices.

Thanks to the network of roads connecting the city's transit system, the illustrious neighbourhood of Srichan has remained Khon Kaen's vibrant commercial district and entertainment hub serving mouth-watering street food destination for more than five decades. It is linked with Na Muang and Klang Muang roads, home to the historical…

Price pressures will persist into the third quarter, the Commerce Ministry has admitted, after the country's headline inflation rate hit a near-14-year high in June.

Interest rates on mortgages are expected to rise this year but will not surge to the levels they reached during the 1990s real estate boom, said Government Housing Bank (GH Bank) president Chatchai Sirilai.

Thailand's economy has continued to rebound, reflected by better signals in the May economic data, despite a sharp spike in the inflation rate, according to the Bank of Thailand.

The Bank of Thailand estimates the global economy will slow down next year, but not dip into recession amid attempts by central banks worldwide to contain higher inflation rates.

The Small and Medium Enterprise Development Bank of Thailand (SME D Bank) has teamed up with partners to help SMEs access loans, says bank president Nartnaree Rathapat.

Kasikornbank (KBank) expects the baht to bottom out in the next two months, depending mainly on the US Federal Reserve's benchmark interest rate hike.

Finance Minister Arkhom Termpittayapaisith asked the Bank of Thailand to discuss with commercial banks whether they can raise their interest rates on a gradual basis in the event the central bank decides to raise its policy rate.