The Thai baht's rapid appreciation is concerning policymakers at the central bank, who have vowed to step up scrutiny of foreign-exchange moves. Noting a significant increase in gold traders selling ...

By Orathai Sriring and Kitiphong Thaichareon BANGKOK, Dec 16 (Reuters) - Thailand's central bank has moved to contain rapid gains in the baht, ordering tighter scrutiny of foreign exchange ...

Thai authorities are ramping up efforts to curb the baht’s strength after the currency climbed to a four-year high amid ...

Demand for gold is so strong in Thailand that revenue at the country’s largest gold trading house is on pace to eclipse the ...

The Bank of Thailand (BoT) has instructed financial institutions to tighten scrutiny of forward foreign exchange transactions ...

Unprecedented gold prices and a surge in retail sales may push revenue at Thailand’s largest gold trading house to a record 5 ...

Thai gold demand, excluding central bank purchases, is set to climb 10% this year to 53.7 tonnes, according to the Thai ...

[BANGKOK] The Bank of Thailand (BOT) plans to roll out additional measures to ease appreciation pressure on the baht and tighten oversight of gold-related foreign-exchange transactions after the ...

[BANGKOK] Thais are poised to buy more gold for a fifth straight year, as a rally in the local currency makes the bullion cheaper, complicating efforts by the central bank to curb the precious metal’s ...

While most Asian currencies, including the Korean won, remain weak, the Thai baht alone has surged to its highest level in four years, showing a “solo rally.” It has risen nearly 8% against the dollar ...

Despite frustration from long-term visitors, exporters, and tourism operators, the Thai baht continues to show no meaningful ...

(Bloomberg) -- Thailand’s central bank said a gold tax is among measures under consideration to temper the baht’s gains, a day after Prime Minister Anutin Charnvirakul pledged to “urgently fix” the ...