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Thailand Central Bank Raises Key Rate Further To 2.00%

Por: RTTNews Business May 31, 2023

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Thailand's central bank raised its key interest rate for the sixth straight meeting on Wednesday citing high inflation risks in the near future as the continued to expand further on the back of strong inbound tourism.The Monetary Policy Committee of the Bank of Thailand unanimously decided to lift the policy rate by 25 basis points to 2.00 percent. Moreover, this was the highest rate in eight years.The MPC viewed that continued policy rate... + full article



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