Thai PM urges central bank to cut interest rates by 0.25% to support economy.

Thai Prime Minister Srettha Thavisin urges the central bank to cut interest rates by at least 0.25% this week to support the government's efforts in reviving Southeast Asia's second-largest economy. The Bank of Thailand has maintained its benchmark interest rate at 2.50% since February, despite pressure from the government. Most economists expect the rates to remain unchanged at the central bank's next review on Wednesday.

April 08, 2024
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