The Thai economy is estimated to increase at 2.1 percent in the current year and 1.6 percent in 2026 in the wake of escalating economic headwinds, as indicated by the International Monetary Fund. 

In a statement dated November 13, following a staff visit to the second-largest economy in Southeast Asia, economic conditions indicated that there was still more to allow the monetary easing. 

The statement said that with the growing economic pressures and little policy room, there is a need to carefully adjust the policy mix in order to ensure maximum effectiveness.  

The Bank of Thailand then came as a surprise to maintain its one-day repurchase rate at 1.50% in October.  

The four rate decreases amounted to 100 basis points, which the central bank had already made since October 2024. 

The following rate is on December 17.