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Bangkok Post
Bangkok Post
Business

Rate hikes to be gradual, measured - central bank minutes

Further monetary tightening will be gradual and measured, and can be adjusted if necessary, after the monetary policy committee raised its key interest rate late last month, minutes of the meeting showed on Wednesday.

On Nov 30, the Bank of Thailand's (BoT) monetary policy committee voted unanimously to raise the one-day repurchase rate by a quarter point to 1.25% to curb inflationary pressures. It will next review policy on Jan. 25, when most economists predict a further hike.

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