Bank of Thailand Raises Repo Rate 25bps to 3.50%

The Bank of Thailand raised its benchmark 1-day bond repurchase rate by 25 basis points to 3.50% from 3.25%. Bank of Thailand Assistant Governor, Mr. Paiboon Kittisrikangwan, said: "The MPC agreed that the slowdown in advanced economies would partially weigh on Thai exports. However, expanding intra-regional trade