Thai central bank governor says there's no need to 'undertake heroically large rate hikes' - CNBC

8/11/2022 12:00:00 AM2 years 8 months ago
by Charmaine Jacob
by Charmaine Jacob
On Wednesday, the Bank of Thailand raised its key interest rate for the first time since 2018 as inflationary pressures continue to weigh on the economy.
The Bank of Thailand's move to hike interest rates by 25 basis point to 0.75% was a "gradual and measured approach," said Sethaput Suthiwartnarueput, governor of the Bank of Thailand. Bank of Thaila… [+3728 chars]
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