Thailand Central Bank Cuts Interest Rate to 1.75 Percent

» Published: April 30 2025 at 09:47

Thailand Central Bank Cuts Interest Rate to 1.75 Percent
Photo: Sakchai Lalit/AP/TT

Thailand's central bank lowers the interest rate for the third time since October and to an interest rate of 1.75 percent – the lowest in two years.

The interest rate cut comes after the country's central bank chief Sethaput Suthiwartnarueput warned of a "storm" linked to President Donald Trump's trade tariffs and credit rating giant Moody's downgraded the country's credit rating to negative.

Another challenge for the country is the earthquake that recently hit the region and is expected to have economic consequences due to reduced tourism.

Loading related articles...

Tags

TTT
By TTTranslated and adapted by Sweden Herald
Loading related posts...