BoT votes 6-1 to keep interest rate unchanged | Bangkok Post: news

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BoT votes 6-1 to keep interest rate unchanged

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Analysts do not expect the Bank of Thailand to cut the interest rate this year amid growing confidence in the country's economic outlook. 

Some even expect the policy rate to be raised later this year to fight rising inflation.

The central bank's Monetary Policy Committee (MPC) yesterday voted 6-1 to maintain the one-day repurchase interest rate, which is the benchmark for the local financial market, at 2.75%.

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