Reported about 9 hours ago
The Bank of Thailand has unexpectedly reduced its key interest rate for the first time in four months, responding to disappointing growth data and calls for lower borrowing costs from the government and the IMF. The decision was made as the economy struggles with slower growth, especially in the industrial sector, and increasing challenges from trade policies. The central bank has not revised its growth forecast, previously estimated at 2.9% for 2025, despite the current economic pressures and uncertainties.
Source: YAHOO