Thai c.bank holds key rate at record low amid COVID-19 surge
08/04/2021 | 03:08am EDT
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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
By Reuters Staff
(Repeats to attach to more alerts)
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.
UPDATE 1-Thai June exports jump, but virus-outbreak hits consumption reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.