Thai c.bank holds key rate as expected, as govt presses for cut

BANGKOK: Thailand's central bank left its key interest rate unchanged for a second straight meeting on Wednesday, as expected, resisting government pressure to reduce borrowing costs to help revive faltering growth.

The Bank of Thailand's (BOT) monetary policy committee in a 5-2 vote decided to hold the one-day repurchase rate at 2.50%, the highest in more than a decade.