Bank of Thailand Lifts Interest Rate Another 25bps to 3.25%

The Bank of Thailand increased its benchmark 1-day bond repurchase rate by 25 basis points to 3.25% from 3.00%. Bank of Thailand Assistant Governor, Mr. Paiboon Kittisrikangwan, said: "In light of the continued risks to inflation amid robust domestic demand, the MPC deemed it necessary to continue increasing the policy rate to maintain economic stability and anchor inflation...