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Thai central bank keeps interest rate unchanged

Reuters
Thai central bank keeps interest rate unchanged

BANGKOK, Oct ‌28 (Reuters) - Thailand's central bank kept its key ​interest ‌rate unchanged for a ‌fourth straight meeting on Wednesday, as widely expected.

The ‌Bank of Thailand's monetary policy committee voted unanimously to maintain the one-day repurchase rate ⁠at 1.00%.

All 26 ‌economists polled by ⁠Reuters had expected the policy ​rate to remain unchanged, and most economists ​forecast the central bank ​would ‌hold it there through the end ​of 2027.

It cut ⁠the rate six ‌times, by ​a total ​of 150 basis points, between October 2024 and February 2026, to support Southeast ‌Asia's second-largest economy, which has been grappling with ‌sluggish ​domestic demand and high household debt.

(Reporting by Orathai Sriring, Kitiphong Thaichareon, Chayut Setboonsarng; ‌Editing by Martin Petty)