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Friday, May 3, 2024

Rates pause appropriate for now

People buy vegetarian food at a fresh market in Yaowarat, Bangkok’s Chinatown. (Photo: Apichart Jinakul)

Bank of Thailand (BoT) governor Sethaput Suthiwartnarueput said on Friday it was appropriate to pause interest rates for now and keep them at a neutral level, following an unexpected hike this week designed to anchor inflation, which remained a concern going forward.

On Wednesday, the central bank unexpectedly raised its key interest rate by a quarter point to…

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