Bank of Thailand Keeps Rate at 3.50%

The Bank of Thailand held its benchmark 1-day bond repurchase rate unchanged at 3.50%. Bank of Thailand Assistant Governor, Mr. Paiboon Kittisrikangwan, said: "The MPC deemed that the current level of the policy rate is appropriate in addressing upcoming inflationary pressure and supporting economic adjustments amidst heightened uncertainty in the global economy. Meanwhile, with the floods...