Vitai Ratanakorn

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Bank of Thailand holds policy rate at 1% for fourth straight meeting

Outlined the bank's structural priorities at an October 30 briefing

Thailand's central bank held its policy rate at 1.00% on October 28, a fourth straight hold, betting cheap money will support an uneven recovery. The vote was unanimous, and the bank raised its 2026 growth forecast to 2.4% on a boom in technology and AI-linked exports.

Updated Oct 31

Notable Quotes

There is no rush to raise interest rates.

from Bank of Thailand holds policy rate at 1% for fourth straight meeting · Updated Oct 31

The Bank of Thailand will continue to support economic growth reaching its potential, in line with our monetary policy role. However, we did not set a specific time frame for when Thai GDP growth will reach its potential level.

from Bank of Thailand holds policy rate at 1% for fourth straight meeting · Updated Oct 31

We want to focus on debt affordability at the individual and household levels, as well as household well-being, rather than the overall debt-to-GDP ratio.

from Bank of Thailand holds policy rate at 1% for fourth straight meeting · Updated Oct 31