# Thai central bank relaxes FX rules to curb currency’s strength - Central Banking

> The Bank of Thailand allowed greater flexibility in foreign exchange trading to reduce the baht's strength, announced January 5, 2021. The measures let non-financial companies trade baht without proof of underlying transactions and lift the 200 million baht end-of-day limit.

- Date: 2021-01-08 · published 2021-01-08T12:00:00.000Z
- Category: policy · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/49405-thai-central-bank-relaxes-fx-rules-to-curb-currency-s-strength-central-banking
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

The policy is aimed at currency management and has no direct effect on feed ingredient supply or demand; any price effect is minor.

## Read by commodity

- USDTHB: bullish ▲

## Sources

- centralbanking.com: https://www.centralbanking.com/central-banks/currency/7730321/bank-of-thailand-relaxes-fx-rules-to-curb-currencys-strength

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