Unanimously resolved! The MPC raised the policy rate by 0.25% per year.

Bangkok, May 31- The MPC meeting No. 3/2023 unanimously voted to raise the policy rate by 0.25% per year from 1.75% to 2.00% per year with immediate effect.

Monetary Policy Committee unanimously Raise the policy rate by 0.25% per year from 1.75% to 2.00% per year, effective immediately. The Thai economy continues to recover. from the tourism sector and private consumption While merchandise exports are likely to gradually recover, GDP in 2023 and 2024 is estimated to grow at 3.6% and 3.8%, respectively. Inflation is lowered to the target range of 2.5% and 2.4% in 2023 and 2024, respectively. .-Thai News Agency

Source: Thai News Agency

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