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BoT forecast change, welcome progress in Sri Lanka

Inflation in Thailand is falling sharply and is likely to drop back to the central bank’s 1-3% target by May. With the economy struggling, we are taking out the rate hike we originally had pencilled in for the BoT’s scheduled meeting later this month.

Meanwhile, Sri Lanka seems to be inching closer to agreeing a loan deal with the IMF after the lender this week received assurances from China that it supported the country’s debt restructuring plan.

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