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Bank of Thailand cuts interest rate unexpectedly to boost economy, surprising economists.
The Bank of Thailand unexpectedly cut its key interest rate by 0.25% to 2.0%, surprising economists who predicted no change.
This move aims to boost economic growth and manage inflation, responding to slower-than-expected economic recovery and pressure from the Prime Minister and IMF for lower borrowing costs.
Six out of seven committee members supported the rate cut.
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El Banco de Tailandia recorta la tasa de interés inesperadamente para impulsar la economía, sorprendentes economistas.