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The governor of the Bank of Thailand stated that further restrictions on gold trading may be imposed to reduce its impact on the Thai baht.

The governor of the Bank of Thailand stated that further restrictions on gold trading may be imposed to reduce its impact on the Thai baht.

智通财经智通财经2026/08/28 03:11
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(1) The Governor of the Bank of Thailand, Veerathai Santiprabhob, stated that restrictions on gold trading have weakened gold’s impact on the Thai baht, and that relevant measures may be further tightened in the future. (2) In March, the central bank set a limit of 50 million baht per person per day for online gold trading and encouraged major investors to settle transactions in US dollars instead of Thai baht. If necessary, this limit could be reduced to 30 million baht or even lower. (3) As part of broader efforts to combat illegal capital flows, authorities are increasing scrutiny of gold transactions and strengthening controls over cash payments, cash deposits, and currency exchanges.
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