
BENGALURU: The Bank of Thailand will deliver another 25 basis-point rate hike on Wednesday, its second in a row, even as many of its peers opt for larger increases to fight high inflation, a Reuters poll showed on Monday.
Despite inflation in Thailand jumping to a 14-year high in August, the recovery in Southeast Asia's second-largest economy has lagged that of others as its vital tourism sector struggles to rebound, prompting the BoT to move slowly on rate hikes.