Central bank to continue steady financial tighteningup

Central bank to continue steady financial tighteningup

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released : 12 Apr 2023 at 09: 40 A female stores at Sampeng market, Bangkok, on April 8,2023 (Photo: Apichart Jinakul) The Bank of Thailand’s (BoT) Monetary Policy Committee (MPC) stated it would continue its method of steady and determined policy normalisation as it treked the secret interest rate last month, minutes of the conference revealed on Wednesday. On March 29, the MPC voted all to raise the one-day repurchase rate by a quarter point to 1.75% to shot to curb inflationary pressures. Policy tighteningup would continue as it anticipated heading inflation to return to the target variety by mid-2023 and core inflation to stay high, the minutes launched on Wednesday revealed. “There stayed a threat of
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