Bank of Thailand Cuts Interest Rates for First Time in Four Years...

4.9K views · 41 reactions | The Bank of England has held interest rates steady following Thursday's move by the US Federal Reserve. Watch the full episode at SkyNews.com.au/Stream | Sky News Australia | Facebook

The Bank of England has decided to hold interest rates at 5.25% for the third successive time, insisting that it is determined to keep borrowing costs at that level for some time. Three members of the bank’s Monetary Policy Committee (MPC) voted for an increase in borrowing costs, but they were outvoted by the remaining six members. Click the link in bio for the full story 🔗 #interestrates #interestrate #interestratehike #usinterestrates #fedinterestrates #whatareinterestrates #raiseinterestrat

Bank of Thailand Intervenes The Bank of Thailand intervened to stabilize the baht, aligning it with regional currencies. The stronger baht has raised concerns over export revenues but is not expected to impact the tourism sector. Key visitor markets like China and Japan have also seen currency appreciation. Despite a slight dip in August tourist arrivals, spending remains steady. The central bank continues to monitor the baht's movements to protect the economy, supported by growing international

The Central Bank Digital Currency is being looked into at the moment by the Reserve Bank Of Australia. The dangers of the CBDC to our freedom cannot be understated. I spoke about this in the Senate. | Senator Babet