Thailand’s key policy rate to stay at 0.50 per cent

The Monetary Policy Committee (MPC) has decided to keep the policy interest rate at 0.50 per cent per year.

MPC secretary Piti Disyatat said on Wednesday after the meeting that four members voted to maintain the policy rate at 0.50 per cent while three members voted to raise the policy rate by 25 basis points.

The committee speculated that the Thai economy could grow continuously and has a chance to recover better than expected because domestic demand and foreign tourist arrivals were picking up.

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The Nation Reporter