Bangkok, Oct. 8 -- The Monetary Policy Committee (MPC) of the Bank of Thailand (BoT) on October 8 announced its decision to maintain the policy rate at 1.50%, with a 5-2 vote.

Two MPC members supported a 0.25 percentage point cut to 1.25%.

Sakkapop Panyanukul, MPC Secretary, said the Thai economy is expected to grow by 2.2% in 2025 and 1.6% in 2026, broadly in line with previous projections. Merchandise exports are starting to feel the effects of US trade policies, while tourism and domestic demand have slowed but are anticipated to recover gradually.

The MPC noted that monetary policy should remain accommodative to support economic recovery. Most members emphasised the timing and effectiveness of policy given limited room to manoeuvre...