Gold’s impact on Thailand’s currency has fallen to its weakest level in almost two years, a sign that policymakers’ efforts to curb the baht’s gains may finally be taking hold.
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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 influence ...
[THAILAND] An unusual surge in Thai gold exports to neighbouring Cambodia has triggered calls for an investigation. The shipments are seen as one factor fuelling a rally in the baht, which threatens ...
BANGKOK: Thai authorities are considering a tax on physical gold trading to slow a rally in the nation’s currency that has threatened exports and tourism. The baht fell the most in six weeks. The Bank ...
(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 ...
As gold prices soar to unprecedented levels, reaching over 61,000 baht per baht-weight, more Thais are turning to 100% ...
Thailand's central bank will allow gold trading in U.S. dollars soon but it will not be mandatory, an assistant governor said on Thursday, as it tries to curb the impact of the precious metal on a ...
Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances. We do not ...
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