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Thai central bank cuts policy rate to 1.50 percent

Thai central bank cuts policy rate to 1.50 percent

10 Sept 21:12 Key points summarised by AI
  • Thailand's central bank unanimously reduced its policy rate by 0.25 percentage points to a two-year low of 1.50% with immediate effect.
  • This accommodative monetary policy aims to support businesses, particularly vulnerable SMEs, and alleviate economic burdens amidst challenges from US trade policies, despite projections for economic expansion in 2025-2026.
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