# Central bank raises policy interest rate by 25 basis points to 1.75%

> The Bank of Thailand's MPC unanimously raised the policy rate by 25 basis points to 1.75% on March 29. The committee expects 3.6% growth this year and 3.8% next year, with headline inflation returning to target by mid-year.

- Date: 2023-03-29 · published 2023-03-29T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/37137-central-bank-raises-policy-interest-rate-by-25-basis-points-to-1-75
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

The tighter Thai policy stance supports the baht and has little direct effect on global feed grain or oilseed prices.

## Read by commodity

- USDTHB: bearish ▼

## Sources

- nationthailand.com: https://www.nationthailand.com/thailand/economy/40026144

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.