# Thai central bank to relax FX rules further to curb baht rise - Business & Finance - Business Recorder

> The Bank of Thailand said it will further relax foreign exchange rules to curb baht strength, which has gained nearly 11% against the dollar since April. Measures include greater flexibility for non-resident companies' baht transactions and lifting the 200 million baht end-of-day limit.

- Date: 2021-01-05 · published 2021-01-05T12:00:00.000Z
- Category: policy · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/49401-thai-central-bank-to-relax-fx-rules-further-to-curb-baht-rise-business-and
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Policy aimed at weakening the baht could make Thai import purchases of feed ingredients slightly more expensive in baht terms, though the effect on global feed prices is small.

## Read by commodity

- USDTHB: bullish ▲

## Sources

- brecorder.com: https://www.brecorder.com/news/40047798

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.