(Bloomberg) -- Thailand's central bank will probably cut
its benchmark interest rate for a fourth time this year as it tries
to revive a slowing economy.
The Bank of Thailand will lower its one-day bond repurchase
rate to 3.5 percent from 4 percent, according to 12 of 16 economists
surveyed by Bloomberg News. The other economists in the poll expect
a quarter point cut. The decision is due to be announced at 2:30 p.m.
tomorrow in Bangkok.
Read more at Bloomberg Bonds News
its benchmark interest rate for a fourth time this year as it tries
to revive a slowing economy.
The Bank of Thailand will lower its one-day bond repurchase
rate to 3.5 percent from 4 percent, according to 12 of 16 economists
surveyed by Bloomberg News. The other economists in the poll expect
a quarter point cut. The decision is due to be announced at 2:30 p.m.
tomorrow in Bangkok.
Read more at Bloomberg Bonds News
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