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Asia Central Banks Step Up Inflation Fight With Thai Interest Rate Rise

Thailand raised interest rates, seeking to defuse price pressures before the global jump in oil costs reverberates through the region.

11/03/2011

Keyword: Thailand, Bank of Thailand, Interest Rates, Vietnam, South Korea, Malaysia, Inflation

The Bank of Thailand increased the one-day bond repurchase rate by a quarter of a percentage point to 2.50 percent on 9 March 2011.

Source: Bloomberg

Full article: www.bloomberg.com