Thailand holds rates, warns on growth amid its worst Covid-19 wave


BANGKOK, May 5 (Bloomberg): Thailand’s central bank kept its benchmark interest rate unchanged for an eighth straight meeting, warning its forecast for an economic recovery was threatened by the country’s biggest virus wave since the pandemic began.

The Bank of Thailand held the policy rate Wednesday at 0.5% in a unanimous decision, as expected by all 22 economists in a Bloomberg survey.

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