Hanoi, May 3 -- Bangkok (VNA) - Thailand's central bank has kept its key interest rate unchanged at a recent review, as expected, saying it needed to assess the impact of higher oil prices driven by war in the Middle East. The Bank of Thailand's monetary policy committee voted unanimously to maintain the one-day repurchase rate at 1.00%, the lowest level in more than three years. It had cut the rate at its February meeting. Six cuts between October 2024 and February had reduced Thailand's key rate by a total of 150 basis points as authorities sought to energise Southeast Asia's second-largest economy. The bank said it expected economic growth to reach 1.5% this year, down from a projection of 1.9% made in February, before recovering to 2....
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