Mon, September 3, 2007 : Last updated 16:35 hours
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Home > Business > BOT keeps policy rate unchanged at 3.25%
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BOT keeps policy rate unchanged at 3.25%
The Bank of Thailand's Monetary Policy Committee has left the 1-day repurchase rate unchanged on Wednesday at 3.25 per cent.
There were mixed views earlier on whether the central bank cut its policy rate in the MPC meeting today. Deputy Prime Minister Kosit Panpiemras has recently asked the central bank to cut rate to boost economy, while some market experts said there is no need to cut rate at present.
BOT assistant governor Suchada Kirakul said inflation is expected to remain low due to soft private spending, but saw higher financial risks from subprime crisis in the US.
- The Nation
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