BANGKOK -- The Bank of Thailand (BOT) on Wednesday kept its key interest rate unchanged at 2.5%, defying pressure from Prime Minister Srettha Thavisin, who pushed for a rate cut to boost the economy.
Economy
Thai central bank stands pat despite rate cut pressure from PM
Latest monetary policy decision in line with economists' expectations
Bank of Thailand Gov. Sethaput Suthiwartnarueput has been under pressure from the prime minister to cut interest rates. © Reuters
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