# Thailand eases foreign exchange rules to encourage outflows - Central Banking

> The Bank of Thailand relaxed foreign exchange rules to allow more individual investors to buy foreign securities directly. The aim is to cool the baht, which rose 3.7% against the dollar in January. Investors with assets of 50 million to 100 million baht can invest up to $1 million a year abroad without intermediaries.

- Date: 2018-02-02 · published 2018-02-02T12:00:00.000Z
- Category: policy · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/66767-thailand-eases-foreign-exchange-rules-to-encourage-outflows-central-banking
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Greater capital outflow is expected to weaken the baht, which would raise the baht cost of dollar-priced feed imports. The measure is a currency policy move with little direct effect on grain prices.

## Read by commodity

- USDTHB: bullish ▲

## Sources

- centralbanking.com: https://www.centralbanking.com/central-banks/reserves/foreign-exchange/3360156/thailand-eases-foreign-exchange-rules-to-encourage-outflows

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