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Thai central bank raises policy rate to 10-year high

BANGKOK, Sept. 27 (Xinhua) — Thailand’s central bank raised its key policy rate to a 10-year high on Wednesday to control inflation and maintain policy flexibility amidst slowing economic growth and global uncertainties.

The Bank of Thailand (BOT) monetary policy committee voted unanimously to raise the policy rate from 2.25 percent to 2.50 percent, bringing the key policy rate to its highest since October 2013