Global Economic News

Thailand CB Holds Key Interest Rate, Cuts Growth Forecast

Thailand's central bank left its key interest rate unchanged in September, after slashing it for the first time in over four years in the previous month, as it trimmed its growth forecasts due to the weaker outlook for exports and domestic demand.

The Monetary Policy Committee voted unanimously to hold the policy rate at 1.50 percent, the Bank of Thailand said in a statement on Wednesday.

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by RTTNews Staff Writer

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