Article: Thai central bank slashes policy rate by half percentage point

Thai central bank slashes policy rate by half percentage point

BANGKOK, April 11 (Xinhua) -- Thai central bank's Monetary Policy Committee (MPC) resolved on Wednesday to slash the policy interest rate by half a percentage point to 4 percent to boost the economy, which has been sluggish this year due to public concerns over political uncertainties.

According to news network The Nation, Suchada Kirakul, assistant governor of the Bank of Thailand (BOT), attributed the half a percentage point cut to the slowing demand amid low inflation ...

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