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BOT Holds Steady on Interest Rate at 2.5%

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Bank of Thailand (BOT) Assistant Governor Piti Disyatat stated that the current benchmark interest rate of 2.5% is considered resilient to various possible scenarios. He also emphasized the central bank’s commitment to maintaining a stable inflation rate. This decision indicates the BOT’s confidence in the current interest rate to support the country’s economy.

The article highlights that the BOT has decided to hold steady on the interest rate at 2.5%. This decision comes after a careful assessment of the economic conditions and an evaluation of the potential impact on inflation. The central bank’s decision reflects a strategic approach to ensure economic stability and growth while addressing any potential risks that may arise in the future.

Overall, the article underscores the BOT’s determination to uphold a stable inflation rate by maintaining the current benchmark interest rate. This decision is seen as a proactive measure to support the economy and mitigate any uncertainties that may affect inflation. By holding steady on the interest rate at 2.5%, the central bank aims to foster a conducive environment for sustainable economic development in Thailand.

Source link : BOT Holds Steady on Interest Rate at 2.5%

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