Thailand central bank holds fire as economic risks increase

BANGKOK: Thailand’s central bank on Wednesday kept its benchmark rate steady after December’s tightening, saying an accommodative policy would support the economy in the face of rising global risks. The Bank of Thailand (BOT)’s monetary policy committee (MPC) voted 4-2 to hold its one-day repurchase rate at 1.75 percent, as expected by all 20 economists […]

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