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BOT expects economy contraction by 1.5-3.5 per cent on year



The Bank of Thailand expects 2009 economy to contract 1.5-3.5 per cent, on expectation that exports will plunge 17.5-20 per cent on years.

The 2010 economy will expand 1.5-3.5 per cent on export growth of 5.5-8.5 per cent.


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