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
If you believe an article violates your rights or the rights of others, please contact us.