Thailand holds key rate to shield growth

Keeping it steady: Thailand’s central bank logo is seen at the Bank of Thailand in Bangkok. The central bank left the one-day bond repurchase rate at 1.5, with monetary policy committee members unanimously in favour. — Reuters

BANGKOK: Thailand’s central bank held its key interest rate near a record low to shield the nation’s economic recovery as the threat of trade protectionism mounts.

The one-day bond repurchase rate was left at 1.5%, with monetary policy committee members unanimously in favor, the Bank of Thailand said in Bangkok.