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Bangkok Post
Bangkok Post
Business

BoT hikes interest rate for 4th time

The Bank of Thailand yesterday raised its policy interest rate by 0.25 percentage points for a fourth consecutive time in an attempt to contain high inflation.

The central bank's Monetary Policy Committee (MPC) voted unanimously to raise the policy rate by 0.25 percentage points to 1.50%, effective immediately, said committee secretary Piti Disyatat.

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