Thai c.bank hikes key interest rate, trims growth outlook


FILE PHOTO: Thailand's central bank is seen at the Bank of Thailand in Bangkok, Thailand. REUTERS/Jorge Silva

BANGKOK: Thailand's central bank raised its key interest rate by 25 basis points for a fifth straight meeting on Wednesday, as it attempts to bring inflation back within target while its economic recovery gathers steam against rising global headwinds.

The Bank of Thailand's (BOT) monetary policy committee voted unanimously to raise the one-day repurchase rate to 1.75%, as widely expected in a Reuters poll.

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Thailand , BOT , interest rates , inflation

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