Stock exchange chief urges BoT to cut rates

According to the head of Thailand's stock exchange, the central bank should cut interest rates faster to spur sluggish domestic spending and the flagging economy.

Vijit Supinit also warned that the country's strong exports, the backbone of the economy, could fall due to a possible slowdown in global demand.

"The Thai economy is expanding at a slower rate compared with other Asian countries because the current interest rate is not at the level of encouraging economic growth," Vijit told an econo

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