Thailand's central bank on Wednesday is expected to keep its already-low policy rate where it has been for more than a year, letting government spending and tourism support an economy that has a weak outlook. At its Aug 3 meeting, the MPC unanimously voted to hold the policy rate, saying the current level still supported growth and monetary policy space should be preserved. The central bank has forecast GDP growth of 3.1% this year and 3.2% next year. But she sees a rate cut by the end of 2016. This year, the baht's strength has sparked some calls for the central bank to act to weaken it, but the currency touched a one month-low against the dollar this week.

Source: Bangkok Post September 13, 2016 07:18 UTC