Thai central bank relaxes FX rules to curb currency’s strength

Central bank says it is considering further liberalisations to currency regime

Bank of Thailand
The Bank of Thailand
George Johnson

Thailand’s central bank is allowing greater flexibility in foreign exchange trading, in another attempt to reduce the currency’s strength, it said on January 5.

The measures enable non-financial companies to trade baht without providing proof of underlying for each transaction, while lifting the end-of-day outstanding limit of 200 million Thai baht ($6.7 million).

The new rules are part of the Bank of Thailand’s effort to develop the country’s foreign exchange system through structural reform

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: