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Key short-term rates widely expected to rise to 3% today.

Bangkok Post (Bangkok, Thailand)

| September 07, 2005 | COPYRIGHT 2005 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Sep. 7--Short-term interest rates are likely to rise again when the Monetary Policy Committee meets today, according to analysts.

The Bank of Thailand currently maintains its 14-day bond repurchase rate at 2.75 percent, with most analysts projecting a rise of at least a quarter-point today to help authorities clamp down on inflation.

Inflation last month jumped to 5.6 percent, a six-year high, primarily the result of soaring global oil prices.

M.R. Pridiyathorn Devakula, the central bank governor, said that inflation and other domestic factors would be the main concerns for authorities in reviewing monetary policy.

"Domestic inflation ...

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