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Bank of Thailand holds key interest rate at record low

The Bank of Thailand left its key interest rate unchanged on Wednesday, as expected, maintaining support for a fragile economic recovery facing global risks.

The BoT’s seve-member Monetary Policy Committee unanimously voted to hold the one-day repurchase rate at 0.50%, where it has been since May 2020, for a 15th straight meeting.

All 22 economists in a Reuters poll had expected the committee to stay on hold.

Source: https://www.bangkokpost.com/business/2287594/bank-of-thailand-holds-key-interest-rate-at-record-low