BoT may raise rate in next few months


The Bank of Thailand (BoT) indicated that it could raise the benchmark interest rate as the Thai economy recovers in the coming months, Bank of Thailand Assistant Governor Paiboon Kittisrikangwan said.

The BoT on Wednesday left the one-day bond repurchase rate at a five-year low of 1.25 percent at yesterday's meeting, as it wants to assess the impacts of the mass anti-government rallies this weekend on the Thai economy which just emerged from a recession last quarter.

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