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BoT against using reserves for oil investment

BANGKOK, 18 August 2011 – The Bank of Thailand (BoT) is against the idea of the government to use international reserves in order...

BoT: Political unrest not impacting much on tourism

BANGKOK, 1 July 2011 – The domestic political unrest dragged the Thai tourism down by less than 0.9% of the Gross Domestic Product...

BoT: Baht fluctuates due to election and world economy

BANGKOK, 26 June 2011 - The Bank of Thailand (BoT) indicated three factors contributed to heavy fluctuation of the baht, including the global...

Thai private sector expected to invest US$3 billion abroad

BANGKOK, June 8 - The Thai private sector's international investment portfolio has risen for the past ten years (2000-2010) and has nearly reached...

BoT reserving banknotes for high demand during election

BANGKOK, 30 May 2011 – The Bank of Thailand (BoT) has prepared a cash reserve for the upcoming election as it is projected...

BoT: Mar credit card usage drops

  BANGKOK, 11 May 2011  – Credit card usage in March dropped despite heavy promotions and campaigns launched by banks, reflecting the increasing liquidity...

BoT chief still sees capital flow in and out of Thailand...

BANGKOK, April 27 – Bank of Thailand (BoT) Governor Prasarn Trairatvorakul on Tuesday said that foreign capital would continue flowing in and out...

BoT: Higher interest rates will not affect Thai economy

BANGKOK, 25 April 2011 -The Bank of Thailand is confident higher interest rates will affect the manufacturing industry following the decision made by...

Central bank sees need for MPC to raise policy rate to...

The governor of the Bank of Thailand (BoT) last Wednesday conceded that the Monetary Policy Committee must raise the policy interest rate to...

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