Thai central bank trims forecast for 2015 growth


BANGKOK: Thailand’s central bank cut its 2015 growth forecast yesterday and warned of “downside risks” as exports will barely rise and domestic demand is still weak.

The Bank of Thailand (BoT) trimmed its projection to 3.8%, from 4.0% seen three months ago. Last June, after the army seized power to end political turmoil, the central bank projected 5.5% growth in 2015.

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