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Thailand’s Central Bank Cuts Policy Interest Rate to 1.5 %

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Thai baht banknotes

Thai baht banknotes. Photo: Wikimedia Commons.

BANGKOK, Aug 7 (TNA) – The Bank of Thailand (BOT) cuts its policy interest rate for the first time in more than four years, down from 1.75 to 1.5 percent.

Members of the central bank’s Monetary Policy Committee (MPC) voted 5 to 2 to lower the interest rate at its meeting on Wednesday.

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