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5 Sep 2025

Financial Institutions

BOT eases measures to prevent Thai Baht speculation to balance capital flows and reduce pressure on the Baht appreciation (Current Issue No.3600 Full Ed.)

คะแนนเฉลี่ย
  • The Bank of Thailand (BOT) has eased foreign exchange market (FX) regulations regarding: 1) measures to prevent Thai Baht speculation; and 2) exchange control, to facilitate the private sector’s foreign currency transactions, effective from December 1, 2025. 
  • KResearch views that the relaxation of these measures is not directly aimed at slowing the Baht’s appreciation, but on increasing flexibility for transactions classified as real flows, backed by trade, investment, or payments, in accordance with the FX ecosystem development plan, which could lead to a better balance of capital inflows and outflows. 
  • The BOT has maintained other measures to mitigate the risk of Thai Baht speculation. KResearch thus assesses that the current pressure on the Thai Baht appreciation is primarily driven by the weakening US Dollar trend and global gold prices.

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Financial Institutions