Central bank seen holding key rate at record low
The Bank of Thailand (BoT) is expected to leave its benchmark interest rate at a record low on Wednesday after two cuts this year, a Reuters poll showed, although it was likely to downgrade its growth outlook again.
All 16 economists in the poll predicted the BoT’s monetary policy committee (MPC) will keep its one-day repurchase rate at 1.25%, a record low last seen during the global financial crisis.
