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Thai central bank revises down 2021 growth to 3.0%

Bank maintains policy rate but provides new $11 billion aid to business

The central bank has been striving to buttress the economy as a surge in COVID-19 cases has battered the food and tourism industry in Thailand.   © Reuters

Bangkok -- The Bank of Thailand revised down its 2021 growth forecast, as the resurgence of COVID-19 in Southeast Asia's second largest economy over the last few months had led to the closure of some businesses.

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