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View Full Version : Thailand Raises Rate to Cool Prices; May Act Again (Update1) - Bloomberg



NewsWhore
07-16-2008, 05:37 AM
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Thailand Raises Rate to Cool Prices; May Act Again (Update1) (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DaOXcVYy6g0Z8%26refer%3Dhome&cid=0&ei=67N9SJm0MJT-_AGv0Y3dAQ&usg=AFQjCNErD8N9AgVDBqz1OVqPiEcy3-eN2Q)
Bloomberg - 29 minutes ago
The currency has dropped 11.7 percent this year, fanning inflation by increasing the cost of imports. ``The rate hike will be good for the baht,&#39;&#39; said Lee ...


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