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CHRONOLOGY-Bank of Thailand rate changes since 2001

Published: 24 Feb 2009 23:31:59 PST

BANGKOK, Feb 25 - The Bank of Thailand cut its main interest rate by 50 basis points to 1.50 percent, as expected, on Wednesday, the third hefty cut in three months to support an economy heading for recession.

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

1-day repo rate (pct):

Feb. 25 1.50

Jan. 14-Feb. 25, 2009 2.00

Dec. 3 2008-Jan. 14, 2009 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 (pct):

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


Source: Reuters

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