Thailand: Recovery slows but 0% policy rate unlikely: BoT

Thailand’s economic activity may not return to levels seen before the Covid-19 pandemic until 2022, but the country’s record-low policy interest rate of 0.50% is unlikely to go to zero percent, the central bank said on Tuesday. The Bank of Thailand (BoT) has forecast the trade-and-tourism driven economy will shrink by a record 8.1% this […]

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