Thai c bank to hold rate at record low as virus curbs eased reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
BANGKOK, April 30 (Reuters): Thailand s central bank is expected to leave its key rate at a record low of 0.50% for an eight straight meeting on Wednesday to help the tourism-reliant economy amid a third wave of coronavirus infections, a Reuters poll showed.
While the latest outbreak has caused over 36,000 infections in a month and slowed domestic activity, increased exports, another key growth driver, have lent some support.
All 14 economists surveyed expect the central bank s Monetary Policy Committee to leave its one-day repurchase rate at 0.50% next week, with some noting it has little policy ammunition left.
The rate has been unchanged since mid-2020 after three cuts that year to ease the impact of the Covid-19 pandemic.