Thai central bank unexpectedly raises key rate, cuts growth outlook for this year
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Reuters September 27, 2023 | 12:29 am PT
Thailand's central bank is seen at the Bank of Thailand in Bangkok, Thailand April 26, 2016. Photo by Reuters/Jorge Silva
Thailand's central bank unexpectedly raised its key interest rate for an eighth straight meeting on Wednesday, despite slowing economic growth, below-target inflation and rising global uncertainties.
The Bank of Thailand's (BOT) monetary
