Ikonfx: The interest rate will be upgraded as per the further economic growth

Published on Wednesday July 21st, 2010 at 10:45PM by Happycoffee

Bank of Thailand Bandid Deputy Governor Nijathaworn Tuesday (20 July) indicated that, if the economy continues to grow, Bank of Thailand will further increase the benchmark interest rate.

 

He once said in the conference interval that If the economy continue to grow, then the interest rates should also be adjusted to fit it.

 

Bank of Thailand last Wednesday announced to rise the benchmark interest rates for 25 basis points, to 1.50%, in line with the previous market expectation.

 

By Catherine 

 

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