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Bangkok Post
Bangkok Post
Business

THE TRUTH ABOUT: Bot poised to raise rate by quarter point - Caught on Camera

Inflation Amonthep Chawla Bank of Thailand KResearch Thailand

The Bank of Thailand is expected to raise its policy rate by 0.25 percentage points on Wednesday to contain inflation amid the economic recovery while trying to ease baht volatility, say economists.

Local research houses predict the central bank's Monetary Policy Committee will increase its policy benchmark rate by a quarter-point at its meeting on Wednesday, up from 1.5% now.

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