Central banks roll out anti-virus efforts in Southeast Asia

The Bank of Thailand cut its benchmark interest rate Wednesday to a record-low 1%, while Singapore policy makers indicated there was room for further easing in the currency.

SINGAPORE: Southeast Asian central banks signaled strong policy action this week to counter a hit to their economies from the new coronavirus.

The Bank of Thailand cut its benchmark interest rate Wednesday to a record-low 1%, while Singapore policy makers indicated there was room for further easing in the currency.