Thailand’s central bank held its policy rate unchanged at 2.75 percent, as expected, saying downside risks to economic growth were starting to subside and inflationary pressures were in check.
In a surprisingly upbeat statement, the Bank of Thailand said the country’s positive growth momentum was continuing and the impact of slow global growth “has so far remained limited only to export-related sectors, which the greater-than-expected strength in … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards