Thailand Holds Rate a Third Time as Growth Outlook Improves

Thailand kept its key interest rate unchanged for a third straight meeting as spending and consumer confidence improved after a military coup ended months of political unrest.

The Bank of Thailand held its one-day bond repurchase rate at 2 percent, with monetary policy committee members voting unanimously in favor of the decision, it said in Bangkok today. All 22 economists in a Bloomberg News survey predicted the outcome, which extended the pause since a cut in March.