BANGKOK -- The Bank of Thailand raised its key interest rate by a quarter point to 1.25% on Wednesday for the third time in a row this year to keep inflation in check, bringing the rate to its highest since February 2020.
Economy
Thailand hikes key interest rate to 1.25%, lowers growth outlook
Central bank walks tightrope between interest rate gap, economic recovery
The Bank of Thailand again raised its policy rate a quarter point to 1.25% on Nov. 29 as it tries to tamp down inflation and keep pace with interest rate rises elsewhere to shore up the baht. © Reuters
Read Next
.JPG?width=178&fit=cover&gravity=faces&dpr=2&quality=medium&source=nar-cms&format=auto&height=100)
.jpg?width=178&fit=cover&gravity=faces&dpr=2&quality=medium&source=nar-cms&format=auto&height=100)
Latest on Economy
