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Thai c.bank holds key rate at record low, as expected

BANGKOK, Nov 10 (Reuters) – Thailand’s central bank left its key interest rate unchanged at a record low again on Wednesday, as widely expected, to support the Southeast Asian economy as it tries to revive its vital tourism sector.

The Bank of Thailand’s (BOT) monetary policy committee unanimously voted to hold the one-day repurchase rate at 0.50% for a 12th straight meeting after three rate cuts in 2020.

All 21 economists in a Reuters poll had expected the BOT to stay on hold through 2022. (Reporting by Orathai Sriring, Kitiphong Thaichareon and Satawasin Staporncharnchai Editing by Jacqueline Wong)

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