# Bangkok Post - BoT steps onto rate-hike bandwagon

> The Bank of Thailand raised its one-day repurchase rate by 25 basis points to 1.75%, its first increase since 2011, on a 5-2 committee vote. The central bank said it aims to curb financial stability risks and rebuild policy room, and that the hike does not signal a series of further increases.

- Date: 2018-12-19 · published 2018-12-19T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/61823-bangkok-post-bot-steps-onto-rate-hike-bandwagon
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Higher Thai rates raise financing costs for local livestock and feed operators, which can slow demand for feed inputs. The baht impact is modest because the move was widely expected.

## Read by commodity

- USDTHB: neutral

## Sources

- bangkokpost.com: https://www.bangkokpost.com/business/general/1597314/bot-steps-onto-rate-hike-bandwagon

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