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Thailand holds interest rates unchanged on brighter outlook

AFP
February 21, 2013, 12:40 am TWN

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BANGKOK -- Thailand's central bank left its benchmark interest rate unchanged at 2.75 percent on Wednesday in the wake of data showing record economic growth in the fourth quarter of 2012.

The Bank of Thailand said the global economy had shown signs of improvement, while the Thai economy was supported by firm domestic demand and stimulus measures. The Bank last cut rates in October 2012 to help manufacturers.

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