EIC expects the MPC to raise the policy rate twice to 2% this year.

The MPC may raise the policy rate twice more to 2% within this year. This is a forecast from SCB EIC that the MPC is expected to continue raising interest rates at the March and May 2023 meetings by 0.25% each time and will reach 2% throughout this year. Thailand’s economy grows 3.4% SCB EIC […]

“The strong baht” reigns supreme in the region. Caused by what!

Global Markets expects the baht to move in the range of 32.50-33.30 baht per US dollar next week. Keep an eye on the US personal consumption expenditure price index. Highlighting the direction of US interest rates, expecting the MPC to raise interest rates by 0.25%, opening statistics for the baht since the beginning of the […]

GBS is looking at SET this week, to the upside, hoping to hit 1,700 points.

Ms Wilasinee Boonmasungsong, Director of Research, Globlex Securities (GBS), assessed the direction of the Thai stock market this week, there is an opportunity to Sideway Up, giving a movement frame of 1,650-1,700 points, driven by external employment. The US agriculture and services sectors indicate that inflation has peaked. Investors continue to monitor US inflation numbers […]

The MPC voted unanimously to raise the policy rate by 0.25% to 1.25%.

MPC for the last time from 2022 resolved unanimously to raise the policy interest rate by 0.25% from 1% to 1.25%, with a gradual increase in interest rates Under global economic and financial uncertainty Mr. said Piti Disyatat, secretary of the Monetary Policy Committee or MPC, that the Committee believes that the gradual increase in […]

The MPC decided to raise the policy rate by 0.25% from 1% to 1.25% per annum.

The MPC unanimously decided to raise the policy rate by 0.25% per annum from 1.00% to 1.25% per annum, with immediate effect. Today (November 30, 2022), Mr Piti Disyathat, Secretary of the Monetary Policy Committee (MPC), announced the results of the MPC meeting on November 30, 2022, stating Thailand’s economy tends to continue to improve. […]