BANK SIGNALS RATE RISING - TIMING ECONOMIC WORLD

Bank signals rate rising - timing era world Bank signals rate rising - attempts to move up gradually according to recover samples of the global economy. Start the Bank raised deposit accelerating liquid stock lending.
Mr. Bandid Nijathaworn Deputy Bank of Thailand (BOT) said the movement of the baht has become both stronger and depreciation. It is natural to demand that the Bank will indeed prevent fluctuations. Adaptable to the private sector. The past can adapt well.
In the past week. The baht volatility. Because previous monetary policy committee (MPC) would raise the policy rate is the money flowing into the baht appreciation, but rather after the MPC. Rising interest rates and the issue of the U.S. economy well. I made up the baht depreciated according to region.
Mr Bandid said the Bank will oversee domestic interest rates to increase the tempo of the economic recovery is continuing. And not negatively impact long-term stability. By adjusting the interest rate policy in the first MPC meeting. On July 14 would not last one. But even if rates increase 0.25% in Thailand is still lower than in region While inflation above 3%, the effective rate is still negative. "The rising interest rates need to see the timing and data received into the Bank to move interest rates up gradually to adjust the economy. But do not tell that to increase many times. I watch various economic one. The concern now is that the world economy. The monetary policy will not only see but inflation. But the care economy. "
After the Bank raised the interest of banks responding well. However, from July 14-20 of this 15 banks adjust interest in both deposits and loans. This will be beneficial to the economy. Cause more balanced. Because of the fine deposit. Reflects the recovery of economic confidence.
Deputy Governor of the Bank said that banks raise deposit will compete with added liquidity to be loans. This will be beneficial to the growth of bank credit, so take advantage of savings in the economy will drive the economy to benefit fully.