Global Economic News

Thai Central Bank Cuts Rate By 25 Bps

Thailand's central bank lowered its key interest rate by a quarter-point on Wednesday as economic growth is forecast to moderate further amid subdued inflation.

The Monetary Policy Committee of the Bank of Thailand unanimously decided to cut the policy rate by 25 basis points to 1.25 percent from 1.50 percent.

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by Renju Jaya

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