Skip to content
View in the app

A better way to browse. Learn more.

Thailand News and Discussion Forum | ASEANNOW

A full-screen app on your home screen with push notifications, badges and more.

To install this app on iOS and iPadOS
  1. Tap the Share icon in Safari
  2. Scroll the menu and tap Add to Home Screen.
  3. Tap Add in the top-right corner.
To install this app on Android
  1. Tap the 3-dot menu (⋮) in the top-right corner of the browser.
  2. Tap Add to Home screen or Install app.
  3. Confirm by tapping Install.

Question On Finance Vocabulary For The Experts

Featured Replies

Hi all,

Wondered if some of you could tell me the difference in regard a few monetary policy words used in Thailand compared to western banks in general use.

I was trying to find what the basic bank of Thailand base rate is and couldn't believe how difficult it was on google to get anything that looked remotely like it. The US, UK and Australian rates came up in about a miilisecond of searching, but all I could find in regards the Thai bank was the 'one day repurchase rate @ 3.25%. Is this the same thing? If so why is it calculated as daily and not as a simple 'central bank base rate'?

Having casually noticed the rates displayed for a normal Thai for savings and mortgages yesterday whilst in the bank why do you think rates for savings at just over 2% and mortgages at a scandalous 7%?

Furthermore, although I'm used to terms such as 'underlying inflation' the Thai bank uses 'core' and 'headline' rates with huge disparity between the two.

Your explanations on the differences would be appreciated.

Mak

Create an account or sign in to comment

Recently Browsing 0

  • No registered users viewing this page.

Account

Navigation

Search

Search

Configure browser push notifications

Chrome (Android)
  1. Tap the lock icon next to the address bar.
  2. Tap Permissions → Notifications.
  3. Adjust your preference.
Chrome (Desktop)
  1. Click the padlock icon in the address bar.
  2. Select Site settings.
  3. Find Notifications and adjust your preference.