Thai keeps policy rate at record low, as widely expected

By Reuters9 days ago

BANGKOK, May 5 (Reuters) - Thailand's central bank left its key interest rate unchanged at a record low of 0.50% on Wednesday, as expected, preserving its limited ammunition as the economy struggles with a third wave of coronavirus infections.

The Bank of Thailand's (BOT) monetary policy committee voted to keep the one-day repurchase rate THCBIR=ECI unchanged for an eighth straight meeting.


All 14 economists in a Reuters poll had expected the BOT to remain on hold after three rate cuts in the first half of 2020.

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