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Thai Central Bank Hikes Rate By 25 Bps

Por: RTTNews Business September 27, 2023

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Thailand's central bank lifted its key interest rate by another quarter point to the highest level in a decade and hinted that rates are unlikely to be raised again as inflation remains below target. The Monetary Policy Committee of the Bank of Thailand unanimously voted to raise the benchmark rate to 2.50 percent from 2.25 percent.This was the eighth consecutive hike. The interest rate has been lifted by 200 basis points since August... + full article



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