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Bank of Thailand rate changes since 2001

Published: 03 Dec 2008 00:50:35 PST

BANGKOK, Dec 3 - The Bank of Thailand cut its main interest rate by a bigger-than-expected 100 basis points to 2.75 percent on Wednesday, citing high risks to economic growth from a global economic downturn and domestic political turmoil.

The following is a chronology of interest rate levels since 2001 in percent:

1-day repo rate (pct):

Dec 3 2.75

Aug. 27-Dec 3, 2008 3.75

Jul. 16-Aug. 27, 2008 3.50

Jul. 18, 2007-Jul. 16, 2008 3.25

May. 23-Jul 18, 2007 3.50

Apr. 11-May 23, 2007 4.00

Feb. 28-Apr. 11, 2007 4.50

Jan. 17-Feb. 28, 2007 4.75

Jan. 17 - Central bank switches to 1-day

repo rate for its policy benchmark

14-day repo rate :

June 7, 2006-Jan. 17, 2007 5.00

Apr. 10-June 7, 2006 4.75

Mar. 8-Apr 10, 2006 4.50

Jan. 18-Mar. 8, 2006 4.25

Dec. 14, 2005-Jan. 18, 2006 4.00

Oct. 19-Dec 14, 2005 3.75

Sep. 7-Oct. 19, 2005 3.25

Jul. 20-Sep. 7, 2005 2.75

Jun. 9-Jul. 20, 2005 2.50

Mar. 2-Jun. 9, 2005 2.25

Dec. 15, 2004-Mar. 2, 2005 2.00

Oct. 20-Dec. 15, 2004 1.75

Aug. 25-Oct. 20, 2004 1.50

Jun. 27, 2003-Aug. 25, 2004 1.25

Nov. 19, 2002-Jun. 27, 2003 1.75

Jan. 21-Nov. 19, 2002 2.00

Dec. 25, 2001-Jan. 21, 2002 2.25

Jun. 8-Dec. 25, 2001 2.50

Prior to Jun. 8, 2001 1.50



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