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Bank of Thailand cuts interest rate to boost economy, expects growth above 2.5% this year.
The Bank of Thailand expects the economy to grow slightly above 2.5% this year, though the recovery is predicted to be uneven.
The central bank's monetary policy committee voted 6-1 to lower the one-day repurchase rate by 25 basis points to 2.00%, aiming to ease credit conditions despite higher risks to growth.
The next rate review is scheduled for April 30.
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Banco de Tailandia reduce la tasa de interés para impulsar la economía, espera un crecimiento superior al 2,5% este año.