No change in Thai int rates

Yawn, so no change from the BoT regarding interest rrates, they have kept it again @ 2.5% and will announce their 2013 GDP Forecast on the 25th Oct (previous projection was 4.2%). So with the next meeting on the 27th Nov we don’t think anything will change for policy rates here in Thailand, inflation is not threatening, gdp growth is still ok given the high base effect from 2012 so…yawn…

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Source: Maybank Kimeng, 16/10/13

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