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Bangkok Post
Bangkok Post
Business

Economy to expand with upside risks - central bank

Condominium buildings are under construction on Rama IX Road, Bangkok. (Photo: Pattanapong Hirunard)

The Bank of Thailand's (BoT) Monetary Policy Committee expected continued economic expansion with some upside risks as it raised the key interest rate last month for a sixth straight meeting, minutes of the meeting showed on Wednesday.

On May 31, the committee voted unanimously to raise the one-day repurchase rate by a quarter point to 2.00%, citing elevated core inflation.

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