Thai central bank cuts rate.

BANKING AND CREDIT NEWS-February 6, 2020--Thai central bank cuts rate

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Global Banking News - 06 February 2020

The central bank of Thailand has announced that it has cut its interest rate.

The apex bank has cut the rate to a record low of one per cent. The bank made a 25 bps cut to its rate. The one-day repurchase rate THCBIR=ECI was cut for a third time in six months.

The rate setting committee voted unanimously...

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