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Thailand set for fourth rate cut under new BOT chief
New Bank of Thailand Governor Vitai Ratanakorn is expected to lead the country’s fourth interest rate cut this year as policymakers try to support an economy hurt by a strong currency, falling prices, ...
Visible effects: Women use umbrellas to shield themselves from the sun as they walk down a footbridge in Bangkok. Businesses and households are feeling the pressure from rising costs, and debt burden ...
The Bangkok Post on MSN
Rate cut helps the BoT, not the economy
On Feb 26, the Bank of Thailand's (BoT) Monetary Policy Committee (MPC) cut its policy interest rate by 0.25%, lowering it to 2.0%. The previous rate cut was on Oct 16 last year and was also by 0.25%.
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