BANGKOK:

The Pak Banker - - FRONT PAGE -

Thai­land's cen­tral bank held its bench­mark in­ter­est rate af­ter the baht fell to a six-year low, and said the weaker cur­rency helps sup­port an eco­nomic re­cov­ery, even as risks per­sist from drought and a slow­down in China. The Bank of Thai­land held its one-day bond re­pur­chase rate at 1.5 per­cent, with mon­e­tary pol­icy com­mit­tee mem­bers vot­ing unan­i­mously, it said in Bangkok on Wed­nes­day.

The fi­nance min­istry last week low­ered its fore­casts for ex­ports and gross do­mes­tic prod­uct growth for a third time this year. While the gov­ern­ment has pledged the high­est pro­por­tion of in­vest­ment in seven years.

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