金色财经
金色财经|Jun 24, 2026 07:36
[The Bank of Thailand Keeps Interest Rates Unchanged, Evaluates Economic Risks from Middle East Situation] According to a report by Jinse Finance, on June 24, as the U.S. and Iran seek to reach a lasting peace agreement, the Bank of Thailand decided on Wednesday to keep its policy rate unchanged at 1.00%, in line with market expectations, while reassessing the economic impact of the Middle East conflict. Although the risks from the war are diminishing, uncertainty remains high. Last week, several central banks, including the Federal Reserve, adopted a wait-and-see approach, while Japan, Indonesia, and the Philippines raised interest rates to mitigate the economic impact of the conflict on their respective countries. Before the Middle East ceasefire agreement was reached, the Bank of Thailand had warned that domestic economic growth would slow due to soaring costs squeezing businesses and weakening household purchasing power. Tourism, a key pillar of Thailand's economy, has also been hit by rising costs and travel restrictions. Even though geopolitical threats have eased, the lingering effects of the conflict will continue to weigh on the economy. In addition, the Bank of Thailand must address food supply risks caused by the El Niño phenomenon and the ongoing uncertainty surrounding U.S. tariff policies. Many economists believe that the Bank of Thailand is likely to maintain its accommodative monetary policy stance for the remainder of the year to support the still fragile economy.
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