Thai Central Bank Unexpectedly Cuts Policy Rate to 1.00% in Bid to Bolster Economy
BANGKOK — In a move that surprised financial markets, the Bank of Thailand’s Monetary Policy Committee (MPC) voted 4-2 on Wednesday to reduce its policy interest rate by 25 basis points, bringing the key rate down from 1.25 percent to 1.00 percent with immediate effect. Bank of Thailand raises policy rate by 25 points The […]