The Bank of Thailand decided to maintain its policy rate at 1.0% after a unanimous vote by the monetary policy committee on June 24, 2026 [1, 2, 3]. The one-day repurchase rate will remain at this level until further notice.
Governor Vitai Ratanakorn said on June 26 that the central bank currently sees no need to raise interest rates. He said, "There is no need to raise rates for now," adding that inflation is expected to remain within the 1% to 3% target range for both 2026 and 2027 [4].
Inflation in April 2026 rose to 2.89%, partly due to increased energy prices linked to the Iran conflict, the central bank noted [5]. However, this increase is still expected to stay within manageable levels over the next two years [5, 2, 4].
The central bank upgraded its economic growth forecast to 2.3% for 2026, up from earlier projections of 2.0% and 1.5%. For 2027, growth is forecast at 1.8%, a slight increase over previous estimates [2].
In addition to monetary policy, the Bank of Thailand will permit commercial banks to issue baht-denominated stablecoins this year, aiming to modernize financial services [4].
The government plans to borrow an additional 400 billion baht in 2026, which authorities will monitor as part of overall economic strategies [2].