Bank of Thailand increases its policy rate and reduces GDP growth
epa10895230 A person walks past a bank's financial loan program advertising in Bangkok, Thailand, 02 October 2023. The Monetary Policy Committee (MPC) of the Bank of Thailand decided to raise its policy rate by increasing the benchmark interest rate to 2.5 percent, the highest level in a decade that aims to control inflation and ensure its long-term sustainability of macro economic after revising the economy growth forecast in 2023 down to 2.8 percent from earlier project of 3.6 percent and 4.4 percent for 2024. EPA/RUNGROJ YONGRIT
