Bank of Thailand Reduces Benchmark Interest Rate by Quarter-Point to 3%

The Bank of Thailand reduced its one-day bond repurchase rate by a quarter of a percentage point to 3 percent, it said in Bangkok today, a decision expected by all 15 economists in a Bloomberg News survey.

To contact the reporter on this story: Suttinee Yuvejwattana in Bangkok at suttinee1@bloomberg.net

To contact the editor responsible for this story: Daniel Ten Kate at dtenkate@bloomberg.net

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