# Bangkok Post - BoT holds key rate steady, cites better growth outlook

> The Bank of Thailand held its one-day repurchase rate at 1.50 percent, as widely expected, and said it expects the economy to grow faster than previously assessed. The decision was unanimous and followed signs of a strengthening economy and benign inflation.

- Date: 2017-11-08 · published 2017-11-08T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/68245-bangkok-post-bot-holds-key-rate-steady-cites-better-growth-outlook
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

A steady baht-supporting rate with stronger growth points to limited pressure on the baht from policy easing, with little direct effect on feed ingredient prices.

## Read by commodity

- USDTHB: neutral

## Sources

- bangkokpost.com: https://www.bangkokpost.com/business/general/1356871/bot-holds-key-rate-steady-cites-better-growth-outlook

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