Interest rate : BOT on hold at 3,25

The Thai central bank on Wednesday kept the policy rate unchanged at 3,25 per cent saying inflation will rise further, while global economic slowdown is still a risk.

I think that short term and burning popular issues (inflation) outweigh the economic slowdown.

As I wrote here, it would have been strange to cut interest rates with such ugly inflation figures.

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Thailand Crisis

Coup, Economic slowdown, Terror In the South... The situation is worsening in Thailand. Bumpy road like often before.

But this time, it's different.

The key to understand the present turmoil is the inevitable... succession of King Bhumibol.

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