Thai central bank holds its key rate at 2.50%

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BANGKOK :Thailand's central bank left its key interest rate unchanged for a fifth straight meeting on Wednesday, as widely expected, despite a sluggish economy and fiscal policy uncertainty after a court dismissed the prime minister.

FILE PHOTO: Thailand's central bank is seen at the Bank of Thailand in Bangkok, Thailand April 26, 2016.

All but three of 27 economists in a Reuters poll had expected the BOT to keep the rate unchanged this week.

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Category: EconomyBusiness

Markets: SingaporeNew ZealandPhilippinesSwedenSwitzerlandThailand

Topics: Rate Thailand Quarter Committee Economy Central Expected Policy Cent Bangkok Bank

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

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Article Type: News Report

Published On: 2024-08-21 @ 15:53:08 (5 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 515 words

Reading Time: 3 minutes read

Sentences: 20 lines

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Copyright Owner: © Channel News Asia

News ID: 22192067

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