Lee Sue Ann, Economist at UOB Group, believes the Bank of Thailand (BoT) would leave the reference rate unchanged at its week on Wednesday. Key Quotes “We keep our call for BoT to leave its benchmark rate unchanged at 0.50% for the whole of 2021.” “That said, Thailand’s economic growth is likely to be uneven, amid pronounced downside risks should COVID-19 worsens.” “Also, should macroeconomic fundamentals stay unexpectedly subdued into 2H21, a 25bps rate cut could materialize then.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Brent Oil set to hover comfortably in the $65-$70 range – OCBC FX Street 8 months Lee Sue Ann, Economist at UOB Group, believes the Bank of Thailand (BoT) would leave the reference rate unchanged at its week on Wednesday. Key Quotes "We keep our call for BoT to leave its benchmark rate unchanged at 0.50% for the whole of 2021." "That said, Thailand's economic growth is likely to be uneven, amid pronounced downside risks should COVID-19 worsens." "Also, should macroeconomic fundamentals stay unexpectedly subdued into 2H21, a 25bps rate cut could materialize then." Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
