Economics
Thailand Holds Key Rate as Economy Faces Lackluster Growth
- All 23 economists surveyed by Bloomberg predicted the decision
- World Bank sees expansion lagging peers in Southeast Asia
This article is for subscribers only.
Thailand’s central bank held its key interest rate near a record low to support economic growth that’s lagging peers in Southeast Asia.
The one-day bond repurchase rate was left at 1.5 percent, with monetary policy committee members voting unanimously in favor, the Bank of Thailand said in Bangkok on Wednesday. All 23 economists surveyed by Bloomberg predicted the decision.