BANGKOK, June 26 (Reuters): Thailand's central bank has announced that any hikes in its benchmark interest rate to tame above-target inflation would be gradual, as the economy faces a slow recovery and a weakening baht currency.
The Bank of Thailand (BOT) is one of the few major Asian central banks to have kept rates at record lows since the pandemic began, but it recently signalled a policy shift as inflation surged to a near 14-year high in May.
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