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Thailand's central bank governor Vitai Ratanakorn said the country will impose controls on gold trading to curb baht appreciation. Daily gold transactions will be capped at 50 million baht starting in March.
The baht has gained about 1.5% against the dollar so far this year after rising 9% in 2025.
A cap on baht-settled gold trading aims to slow the baht's rise, which could support the dollar value of Thai exports and tourism. For feed buyers the direct grain impact is minimal.
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