Thailand's central bank raises key policy rate as economy recovers

BANGKOK, Jan. 25 (Xinhua) -- Thailand's central bank on Wednesday decided to raise its key policy rate for the fourth consecutive time by 25 basis points in an effort to curb high inflation and support economic recovery.

The Bank of Thailand monetary policy committee voted unanimously to raise the policy rate from 1.25 percent to 1.50 percent, effective immediately.

"The Committee deems that a continuing