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Thai central bank leaves key rate alone, sees higher risks to economic growth

Published Wed, Aug 3, 2016 · 09:50 PM
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Bangkok

THAILAND'S central bank kept its key interest rate unchanged on Wednesday, as expected, saying current monetary policy still supports the country's economic recovery.

The Monetary Policy Committee (MPC) voted unanimously to leave the one-day repurchase rate at 1.5 per cent, where it has been since April 2015, a quarter-point above the record low.

"Overall monetary conditions remained accommodative and conducive to the economic recovery," the MPC said. "Noneth…

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