Bank interest rates could increase by 0.75 percentage points throughout next year as central bank rates will rise as the economy improves, says Kasikornbank president Prasarn Trairatvorakul. The Bank of Thailand is expected to increase its benchmark one-day repurchase rate by 50 to 75 basis points (hundredths of a percentage point) over the year in response to mild inflationary pressure and a weak economic recovery.
KBANK sees interest rates rising by 75 bps next year
the authorThaiVest Editorial Team
The Thaivest Editorial Team is a dedicated group of writers and editors with a passion for Thailand's vibrant economy, culture, and lifestyle. With diverse backgrounds in finance, economics, and journalism, we provide valuable insights into living well in Thailand, making money online, and practical tools for navigating its dynamic market. Our mission is to keep our readers informed about the latest developments, opportunities, and challenges in Thailand's economic and cultural landscape. Stay connected with Thaivest for reliable, well-rounded coverage of all things Thai.
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