Thai central bank raises policy rate to 9-year high

BANGKOK, Aug. 2 (Xinhua) -- Thailand's central bank raised its key policy rate to a nigh-year high on Wednesday to control inflation and maintain policy flexibility amidst a highly uncertain economic outlook.

The Bank of Thailand (BOT) monetary policy committee voted unanimously to raise the policy rate from 2.00 percent to 2.25 percent, bringing the key policy rate to its highest level since early 2014.