Interest rates in Thailand fail to impact trade flows and real output.
The article explores how changes in interest rates in Thailand affect trade flows and the economy. Using data from 2000 to 2017, the researchers found that the interest rate set by the Bank of Thailand does not have a significant impact on the exchange rate, trade flows, output, or prices. However, they did find that real output growth and inflation are linked to changes in the exchange rate, exports, and imports.