Thailand keeps key rate steady as new government takes shape

BANGKOK, 21st August, 2024 (WAM) -- Thailand's central bank left its benchmark interest rate unchanged for a fifth straight meeting after economic growth gained pace and as policymakers await the new prime minister's policies.

Bloomberg reported that the Bank of Thailand (BOT) voted 6-1 to maintain the one day repurchase rate steady at about a decade-high 2.50 percent at Wednesday's meeting. This was predicted by