BOT relaxes rules to Curb Strong Baht

BOT relaxes rules to Curb Strong Baht

BOT relaxes rules to Curb Strong Baht the Bank of Thailand (BOT) decided to relax regulations to facilitate capital outflows to help promote capital flow balance and lessen pressure on the baht. The Thai baht has been under pressure due to imbalanced capital flows in the current environment of highly uncertain and volatile external conditions,…