The central bank kept its policy rate at 1.25% yesterday in a unanimous decision. All 23 economists in a Bloomberg survey predicted a hold after two rate cuts earlier this year.
BANGKOK: The Bank of Thailand held its benchmark interest rate steady at an all-time low and cut its forecasts for economic growth, saying it was gauging whether further efforts were needed to restrain the local currency.
The central bank kept its policy rate at 1.25% yesterday in a unanimous decision. All 23 economists in a Bloomberg survey predicted a hold after two rate cuts earlier this year.
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