BANGKOK: Thailand’s central bank cut its 2013 economic growth forecast to 4.2% from 5.1% and lowered its export and inflation projections, bolstering views it has room to keep monetary policy easy to support expansion.
The Bank of Thailand (BoT) yesterday slashed its export projection for this year to 4% from 7.5%, and that for core inflation, which guides monetary policy, to just 1.1% from 1.6%.
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