BANGKOK -- The Bank of Thailand on Wednesday held its key interest rate unchanged at 2.50%, pausing its tightening for the first time following eight consecutive increases, as the country's economy slows due to weak exports.
Economy
Thailand pauses monetary tightening as economy slows
Central bank keeps rate unchanged at 2.5%, downgrades growth outlook
A bank employee gathers Thai baht notes: The central bank held its policy interest rate steady at 2.5%, ending a streak of eight straight rate rises as the economy slows. © Reuters
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