Benchmark rate held as growth is region's weakest | Bangkok Post: business - News Summed Up

Benchmark rate held as growth is region's weakest | Bangkok Post: business


Thailand's central bank is seen at the Bank of Thailand in Bangkok, Thailand in this April 26, 2016 file photo. (Reuters photo)BANGKOK -- Thailand’s central bank held its key interest rate near a record low to support economic growth that’s lagging peers in Southeast Asia. The one-day bond repurchase rate was left at 1.5%, with monetary policy committee members voting unanimously in favour, the Bank of Thailand said in Bangkok on Wednesday. Economists predict the benchmark rate will be unchanged until the third quarter of 2018. The central bank aims to keep average inflation in a range of 1% to 4% this year.


Source: Bangkok Post May 24, 2017 07:18 UTC



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