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Thai c.bank raises key interest rate by 25 bps to 1.25%

Summary by Ground News
The Bank of Thailand's monetary policy committee voted unanimously to raise the one-day repurchase rate. Rate hikes will be gradual and measured, the BOT said, but added that their size and timing would be adjusted if needed. Southeast Asia's second-biggest economy was expected to grow 3.2% this year and 3.7% next year.

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  • 67% of the sources lean Right
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Bangkok Post broke the news in Bangkok, Thailand on Wednesday, November 30, 2022.
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