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Thailand’s Foreign Reserves Top $300 Billion as Baht and Gold Prices Soar

BANGKOK - Thailand’s foreign reserves have reached a new high, rising to $301.92 billion in late December. It is the first time the country’s international reserves have moved beyond the $300 billion mark.

The post Thailand’s Foreign Reserves Top $300 Billion as Baht and Gold Prices Soar first appeared on Chiang Rai Times.

Thailand Tightens Gold Trading Rules to Cool a Rising Baht

BANGKOK – Thailand's financial regulators have rolled out a three-part plan to slow the sharp rise of the baht. Officials say the country’s fast-growing online gold trade has pulled in large foreign currency inflows and helped push the baht to its…

The post Thailand Tightens Gold Trading Rules to Cool a Rising Baht first appeared on Chiang Rai Times.

Bank of Thailand Looks to Curb Rising Thai Baht As Vietnam’s Tourism Booms

BANGKOK - The Bank of Thailand (BoT) has rolled out tough new measures to tackle the rapid rise of the Thai baht, which has climbed to its strongest level in years and is starting to weigh on the country’s fragile post-pandemic recovery.

The post Bank of Thailand Looks to Curb Rising Thai Baht As Vietnam’s Tourism Booms first appeared on Chiang Rai Times.

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