Central Bank announced a surprise interest rate cut RP 0.25% to 2.75% on concern the global economy is weak. The risks to the economy Thailand Compliance with foreign central banks reduced interest rates earlier. Both South Korea - Australia and the expected low interest rate impact on all companies that rely on its interest in the business. Whether the automotive leasing a property or even banks. The Thailand stock market yesterday received positive news as the index closed up 13.79 points to.
In the end, the monetary policy Committee meeting or outside the hotel. The Bank of Thailand, the Thai soephrai out of some financial markets. Although there are some earlier analyst Office or they anticipated many of guru is what might be downgraded 0.25%, but the majority look likely to retain the 3% so it is 0.25% reduction adjustment flip the DART boards. Outside the hotel there are 2: 5 resolutions. sound, adjust the interest reduction. The reason, if we want to maintain the strength of domestic demand. After the global economic situation starts with the pressure more Thai economy. While the Thai stock market overview-yesterday A positive response to the news in the afternoon the index increased to reach 11 points after the news, and the market closed at 1, increased 13.79 points to 301.28 points, or 1.07 percent, with trading value of 38, 029.30 million. Best stocks in the Group seems to get good results from the interest is low he becomes real estate group automobile hire-purchase group, because they have the happiness of the people is going to expend. To request more loans because the interest was very high.
The world economy as a whole remain patient although there are signs of a better world, but weak demand affects the economy of the region and China is greater than that estimated for the country's exports will more regions in the next phase, which will have high uncertainty. At the same time, domestic spending and private investment, despite good growth, but may slow down after reconstruction as a result of flooding out.
The current high level of credit growth is around 14-15%, then the bot looking to keep track of the types of loans, especially the industrial sector which grew more than it should and will affect private sector investment or not. In addition to the interest reduction this time. The bot did not make weight for capital inflow more than any other factor, but can see that the risk factors of the global economy has a greater weight where monetary policy with supports and is ready to accept those risks.
Considering the reduction due to the bot use monetary policy easing in order to cater for the risk of the global economy and maintain the strength of domestic demand could be patient in the next stage is. The interest reduction results in an overview of investment in the Thai stock market response this afternoon as soon as positive factors by adjusting the rise and still believe that these issues will help support a strong investment buying and speculation in the stock group.
The decrease in interest Send results directly to the real estate sector because when low interest consumer will have greater purchasing power.
However, it is estimated that six interest-reduction decisions. to estimate the economic picture that is already covered by the main reason to believe that the economic stimulus in the future which will be affected by the export sector to slow down. At the same time, to protect the capital inflow from the u.s. measures, which will see that QE3 Asian countries have a policy of interest rate reduction over time in many countries. Therefore, if the Outside stripper. not decided to reduce such interest could allow foreign capital inflow to seek compensation for the original interest rate level at 3% per year.
This is also regarded as a signal to financial markets that the direction of interest rate policy is likely to be downgraded in the future. If the global economy with increased risk. While inflation is not a current pressure. In my opinion, the policy has passed the financial institution would not downgrade the speed but still liquid overflow is a credit tournament and it is growing a lot, so it is the financial institution that will consider how this bot, but if the interest is seeing lower inflation is not a problem and want to stimulate the economy are affected by the export and prevent money inflow that will take the difference of interest.