Thailand's central bank is expected to keep its key interest rate at a record low 0.50per cent on Wednesday, as the Southeast Asian country ...
Thailand's central bank is expected to keep its key interest rate at a record low 0.50per cent on Wednesday, as the Southeast Asian country struggles with its biggest COVID-19 outbreak to date, a Reuters poll showed on Monday.
The Bank of Thailand said last month the key rate was likely to stay low for a while amid a slow economic recovery.With the BOT's limited policy ammunition, all 18 economists surveyed expect the Monetary Policy Committee to hold its one-day repurchase rate at 0.50per cent this week, with several seeing no policy change throughout 2022.
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