BANGKOK (Reuters) – Thailand’s central bank left its key interest rate unchanged at a record low on Wednesday, seeking to maintain support for a fragile recovery in Southeast Asia’s second-biggest economy amid efforts to revive the country’s battered 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 14th straight meeting after three rate cuts in 2020.
All 23 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 Ed Davies)
