Global NewsBank of Thailand Increases Policy Rate to Tame Inflation

Bank of Thailand Increases Policy Rate to Tame Inflation

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Thailand’s central bank raised its policy rate as it continued its efforts to tame inflation.

The Bank of Thailand said Wednesday that its policy committee voted unanimously to increase its one-day repurchase rate by 25 basis points to 2.25%, effective immediately.

All seven economists polled by The Wall Street Journal had projected the central…

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