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Thai central bank holds policy rate steady at 2.5 pct

BANGKOK, June 13 (Xinhua) — Thailand’s central bank held its key interest rate unchanged on Wednesday, extending the pause for the fourth consecutive meeting despite calls from the government to lower borrowing costs to shore up the economy.

The Bank of Thailand (BOT) monetary policy committee voted 6-1 to maintain the policy rate steady at 2.50 percent, the highest level since October 2013.

“The majorit