Thai Central Bank Holds Rate At 1.0%

India, June 24 -- The Bank of Thailand decided to leave its interest rate unchanged on Wednesday as the current accommodative stance supports the economic recovery.

The Monetary Policy Committee of the Bank of Thailand unanimously voted to maintain the policy rate at 1.00 percent, as widely expected.

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The bank has reduced the rate by 150 basis points since October 2024.

"...the Committee views that the current policy rate is appropriate to support economic recovery," the bank said in a statement.

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Published by HT Digital Content Services with permission from RTT News....