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Local interest rates likely to drop 1% this year
BANGKOK, Jan 5 - Local interest rates are expected to drop by around one percentage point this year along with a global interest rate decline, according to a top banker.
Siam Commercial Bank president Jada Wattanasiritham and Chairman of the Thai Bankers' Association said Friday that global interest rates will tend to fall this year and so will local interest rates.
Khunying Jada said she saw no factors that could push interest rates up this year. Given existing factors, interest rates......
