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Menu. submit article or question. create account . Help - What is this site about? . Using The Free Member Diaries Recent Comments. Shopping in bangkok (Rajesh Kumar). Shopping in Sukhumvit (Rajesh Kumar) . The land area is incorrect (shadiadiph) . I support Thaskin. He is a strong man who kills (Rajesh Kumar) . It's hard to thoroughly criticise Thaksin (Rajesh Kumar) . A very good analysis of Thailand and the elections (Rajesh Kumar) . Thanks!!! (Midaeus) . Investment in Garment (Midaeus) . Growth of Asia (Midaeus) . User-Friendly (cmctheender) Recent Member Diariessapna's spaceby Sapna Sambyal - October 19 How to use the "Blogs" feature by Rajesh Kumar - September 24 More Diaries... Front Page
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Thailand Raises Key Rate to 5%, Citing Inflation
By Phisanu Phromchanya and Tom Fox
Word Count: 417 BANGKOK, Thailand -- The Bank of Thailand raised its key interest rate by a quarter of a percentage point to 5%, citing a higher-than-expected inflation rate, but hinted the rate increase may be the last in this tightening cycle. Slowing economic growth amid high oil prices, rising interest rates and political uncertainty, combined with expectations that inflation will ease in the third quarter, mean the central bank likely will adopt a neutral policy stance after steadily raising rates since mid-2004. "Provided that there are ...
By Rajesh Kumar, Section Business Posted on Wed Jun 07, 2006 at 09:16:46 PM EST
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