Economists in a Bloomberg survey were split ahead of the announcement, with 15 of 29 expecting the central bank to keep the rate on hold at 1.25%, and the remainder expecting a 25-basis-point reduction.
SINGAPORE/ BANGKOK: The spread of the coronavirus adds one more complicating factor to a tough decision for the Bank of Thailand as it mulls whether to cut the benchmark interest rate to a fresh record low.
Economists in a Bloomberg survey were split ahead of the announcement, with 15 of 29 expecting the central bank to keep the rate on hold at 1.25%, and the remainder expecting a 25-basis-point reduction.
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