Thailand: BoT likely to keep policy unchanged - TDS

Sandeep Kanihama FXStreet Contributor

Analysts at TD Securities suggest that the Bank of Thailand is likely to keep policy unchanged at 1.75%.

Key Quotes

“BoT is in data-monitoring mode and appears to be in no rush to change policy from its accommodative setting. BoT will also want to see which way fiscal policy is driven under a new government before making any changes.”

“In any case, external risks — in addition to slowing domestic growth and low inflation — have taken off the table prospects for rate hikes.”

Author

Sandeep Kanihama

FXStreet Contributor

Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

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