BoT says cut rates to spur economy
The BoT lowered its one-day bond repurchase rate to 4.75 percent from 4.9 percent, assistant governor Suchada Kirakul told reporters at a press briefing.
The central bank adopted the rate at its new benchmark this month, replacing the 14-day bond repurchase rate it has used since May 2000.
``Inflationary pressures have moderated, while
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