Economist at UOB Group Lee Sue Ann suggested the Bank of Thailand (BoT) is expected to leave the key rate unchanged at its meeting later on Wednesday. Key Quotes “The BoT kept its one-day repurchase rate unchanged at 0.50% in June, after cutting by 25 bps in May. With rates approaching the zero mark, policy space is increasingly limited, which may see BoT holding rates this time around.” “Policymakers may cut the benchmark rate cut by another 25 bps to 0.25% in Sep to support growth and inflation, failing which, unconventional measures may be adopted”. 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 BOE Preview: Expect further jawboning on the negative rate option – Scotiabank FX Street 2 years Economist at UOB Group Lee Sue Ann suggested the Bank of Thailand (BoT) is expected to leave the key rate unchanged at its meeting later on Wednesday. Key Quotes “The BoT kept its one-day repurchase rate unchanged at 0.50% in June, after cutting by 25 bps in May. With rates approaching the zero mark, policy space is increasingly limited, which may see BoT holding rates this time around.” “Policymakers may cut the benchmark rate cut by another 25 bps to 0.25% in Sep to support growth and inflation, failing which, unconventional measures may be adopted”. Regulated 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.
