BANGKOK -- The Bank of Thailand on Wednesday has raised its key interest rate to 2.0%, its sixth consecutive hike, signaling that it is still worried about inflation as the Thai economy recovers.
Central bank tightens policy for sixth time as inflation lingers
The Bank of Thailand raised its key interest rate a quarter point to 2.0% on May 31, as it seeks to head off inflation. © Reuters
BANGKOK -- The Bank of Thailand on Wednesday has raised its key interest rate to 2.0%, its sixth consecutive hike, signaling that it is still worried about inflation as the Thai economy recovers.