Thailand raises key interest rate to 1.5%

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Thailand raises key interest rate to 1.5% 
Bangkok Post: 14 Jul 2010
Key policy rate raised by 0.25%

* Published: 14/07/2010 at 02:40 PM
* Bangkok Post: Breakingnews

The monetary Policy Committee has raised the repurchase rate from 1.25 per cent to 1.50 per cent on ground that the economy is likely to expand higher than the previous projection of 4.3-5.8 per cent, reports said.

The policy rate was also increased to curb the inflation rate which is likely climb up higher than the set target of 0.5 per cent to three per cent, according to the central bank’s panel.
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Bank of Thailand raises key interest rate
MCOT News

Bank of Thailand raises key interest rate by 25 basis points to 1.5%, first hike in almost 2 years, as economy recovering from recent political turmoil