{
  "id": 17265275,
  "title": "Thai Baht: BoT cautious on normalisation, downside persists – Commerzbank",
  "url": "https://urgent.news/2026/10/30/thai-baht-bot-cautious-on-normalisation-downside-persists-commerzbank",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-30T17:22:00.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/thai-baht-bot-cautious-on-normalisation-downside-persists-commerzbank-202610301722"
  },
  "original_language": "en",
  "account": "The Bank of Thailand kept its policy rate at 1.00%, with the Monetary Policy Committee signaling a more cautious stance towards normalizing monetary policy. The MPC, voting 6-0 (with one member absent), maintained a hold on rates, indicating a gradual hike may be possible as the economy strengthens. However, it expects policy to remain on hold through 2026-2027. Financial stability risks from prolonged low rates were highlighted, and while a shift towards a less dovish stance is suggested, an imminent rate hike appears unlikely. Thailand's currency, the Baht, remains near its recent high of 32.50-34.00 against the US Dollar, with downside risks stemming from Fed policy tightening, higher oil prices, and Thailand's comparatively low interest rates.",
  "summary": "Commerzbank’s Charlie Lay reports that the Bank of Thailand kept its policy rate at 1.00%, with the MPC maintaining a hold but signalling a less dovish stance.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}