Thai central bank holds policy rate steady at 2.5 pct

BANGKOK, Nov. 29 (Xinhua) -- Thailand's central bank held its key policy rate unchanged on Wednesday, ending its tightening cycle after eight straight hikes as the country's economy slows amid sluggish exports.

The Bank of Thailand (BOT) monetary policy committee voted unanimously to maintain the policy rate steady at 2.50 percent, the highest level since October 2013.

The current policy interest rate was