Thailand's central bank cuts interest rate to 1.50% amid economic challenges

Investing.com -- Thailand’s central bank lowered its key interest rate by a quarter point on Wednesday, marking its fourth cut in 10 months as it seeks to support the country’s struggling economy.

The Bank of Thailand’s monetary policy committee unanimously voted to reduce the one-day repurchase rate by 25 basis points to 1.50%, bringing it to the lowest level in more than two years.

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