Economics
Thailand Holds Rates, Warns on Growth Amid Worst Covid Wave
- Central bank stands pat for an eighth straight meeting
- Central bank says virus wave threatens 2021 growth forecast
People receive Covid-19 tests at a mobile testing clinic in Bangkok, Thailand on May 4.
Photographer: Lillian Suwanrumpha/AFP/Getty Images
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Thailand’s central bank kept its benchmark interest rate unchanged for an eighth straight meeting, warning that its forecast for economic recovery was threatened by the country’s biggest virus wave since the pandemic began.