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Thailand May Hold Rates as Asia Gauges Risks From China to Oil

By Ron Lieber - The New York Times -- Thailand and Taiwan may keep interest rates unchanged this week as Asian policy makers gauge the extent of a growth slowdown in China that’s adding to challenges posed by the European crisis and rising oil prices.

Thailand will hold its benchmark one-day bond repurchase rate at 3 percent tomorrow, according to 19 of 21 economists surveyed by Bloomberg News, with two predicting a third consecutive cut to 2.75 percent. Taiwan may leave the discount rate on 10-day loans to banks at 1.875 percent on March 22, all 10 economists in a separate survey said.

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Submitted Mar 20, 2012 By: Mudsprings

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comprof Champion Author Houston Posts:6,839 Points:1,352,750 Joined:Jul 2009	Message Posted: Mar 20, 2012 2:26:27 AM Ignore comprof Report Abuse Intersting.
nomad228 Champion Author Columbus Posts:3,117 Points:575,140 Joined:Feb 2011	Message Posted: Mar 20, 2012 1:50:03 AM Ignore nomad228 Report Abuse told ya china's bubble is getting ready to burst and drag anyone down that are shall we say in business with them.china can not keep growing at the rate it has in the past and expect to keep enough resources on hand to supply their basic needs. they don't have the supply lines in place to keep it up much longer.ooops you weren't suppose to hear that, did i say that out loud.:)
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