RPT-Thai c.bank holds key rate at record low amid COVID-19 surge

By Reuters Staff
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BANGKOK, Aug 4 (Reuters) - Thailand’s central bank left its key interest rate unchanged at a record low on Wednesday, as widely expected, to support the economy as the Southeast Asian country struggles with its biggest wave of COVID-19 infections to date.
The Bank of Thailand’s (BOT) monetary policy committee voted 4-2 to hold the one-day repurchase rate at 0.50% for a 10th straight meeting.
All 18 economists in a Reuters poll had expected the BOT to be on hold after three rate reductions in 2020 to ease the impacts of the pandemic.

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