Thailand relaxes capital controls

Bank of Thailand announces measures

thailand-2
Thailand

The Bank of Thailand (BoT) has said it will relax foreign exchange regulations to make it easier for residents to acquire foreign assets, and for non-banks to buy and sell bahts.

The move aims to deepen Thailand's financial markets by allowing greater flexibility and diversification for both residents and non-residents, the BoT said today (April 30) in a statement.

New rules

Under the new rules, which will be phased in over the next two years, residents will be allowed to hold up to $5 million

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: http://subscriptions.risk.net/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 Risk.net 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 individual account here: