Thai Central Bank Cuts Key Rate to 1.50%

BANGKOK, Aug 13 (TNA) – The Bank of Thailand’s Monetary Policy Committee (MPC) unanimously voted on Wednesday to cut its key policy rate by 0.25 percentage points, lowering it to 1.50% from 1.75%, effective immediately. The committee cited the need for a more accommodative monetary policy to address weakening economic conditions, particularly the vulnerability of […]

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