Bank of Thailand (BoT)
People: October to December 2024
A round-up of central bankers in the news and on the move
Thailand delays selection of central bank chair
Decision follows warning against political interference from four former governors
HKMA partners with Thailand and Brazil on cross-border tokens
Interoperability work using tokenisation will focus on settlement in trade finance and carbon credits
Thai government and BoT agree to keep inflation target intact
Central bank and government reach price goal consensus despite a year of tensions
Central bankers reflect on wins and challenges of mBridge
Multi-CBDC project’s transaction value has grown, but regulatory and operational issues remain
Bank of Thailand official calls for more flexible inflation targeting
Deputy governor says excessive policy fine-tuning can be counterproductive
Bank of Thailand announces first rate cut in four years
Central bank unexpectedly eases policy by 25bp as inflation stays below target
Former governor warns against interference with Bank of Thailand
Tarisa Watanagase urges selection panel to act independently when picking new chairman
Lessons learned on macro-pru policies
Macro-prudential tools are proving their worth although use cases vary by country; integration into over-arching policy frameworks remains a challenge
Bank of Thailand launches data-sharing initiative
Central bank and regulators plan to make consent-based data-sharing mechanism operational in 2026
BoT governor calls for new growth model for Thailand
Sethaput advocates stronger focus on local development and quality of life
Bank of Thailand to name new chair by October
Upcoming appointment adds uncertainty to relations between new government and central bank
Bank of Thailand holds rates at 2.5%
Change of government poses uncertainty over major cash handout plan
Philippines to issue up to four more digital bank licences
New entrants must bring new services to the table, central bank says
Bank of Thailand announces measures to ease household debt
Central bank extends easier repayment rules for card users and persistent debtors
Central banks of Japan and Thailand renew swap agreement
$3 billion bilateral arrangement aimed at supporting financial stability and trade
Innovate to tackle challenges, says BoT deputy governor
Mallikamas outlines ways to deal with economic and geopolitical uncertainties
BIS instant payments trial to move from ‘concept to reality’
India joins Project Nexus as it prepares for “live implementation”
Thai governor clashes with government over inflation target
Sethaput warns of inflation risks amid ongoing dispute with prime minister
Bank of Thailand holds rate again
Policy-makers agree to hold rate despite government pressure to cut
Saudi Central Bank joins mBridge
Cross-border CBDC project with China, Hong Kong, Thailand and the UAE opens up further to private sector