BOT holds policy rate at 3.25%

The Bank of Thailand on Wednesday kept the one-day repurchase rate unchanged at 3.25 per cent as widely expected by economists.

Suchada Kirakul, assistant governor of the central bank, said the domestic demand showed sign of improvement, while export growth still remain positive. The inflation rate is still low, although there is risk of pressure on goods prices hike. The oil prices have risen only slightly so far.

The central bank will announce its review on GDP forecast on October 19. The BOT earlier forecast economic growth for 2007 at 3.8-4.8 per cent. - The Nation

Anoma Srisukkasem

AIS set to miss target
Leading cellular operator Advanced Info Service (AIS) is unlikely to meet its profit target this year, due....
Jerlique to focus on 'Earth kids'
Australian-based maker of natural skincare products Jerlique has an optimistic view of huge business potential....

{literal} {/literal}

BOT holds policy rate at 3.25%

The Bank of Thailand on Wednesday kept the one-day repurchase rate unchanged at 3.25 per cent as widely expected by economists.

OTHER BUSINESS

AIS set to miss target

Jerlique to focus on 'Earth kids'

Top Stories