SUBSCRIBERS
Thailand keeps rate near record low to shield growth
Published Wed, Feb 8, 2017 · 09:50 PM
Bangkok
THAILAND'S central bank held its key interest rate near a record low to shield the nation's economic recovery as the threat of trade protectionism mounts.
The one-day bond repurchase rate was left at 1.5 per cent, with monetary policy committee members unanimously in favour, the Bank of Thailand (BOT) said in Bangkok on Wednesday. All 22 economists surveyed by Bloomberg predicted the decision.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Shell in talks to sell Malaysia fuel stations to Saudi Aramco: sources
Israel begins evacuating part of Rafah, Hamas decries 'dangerous escalation'
Macron, Von der Leyen press China’s Xi on trade in Paris talks
Eurozone business activity grows at fastest pace in almost a year, PMI shows
China May Day holiday spending delivers mixed picture on post-Covid recovery
India's national election hits central bank with liquidity dilemma