# Bangkok Post - BoT unveils SME forex option contract

> The Bank of Thailand plans to launch a foreign exchange option with a lower fee to help small and medium-sized enterprises hedge currency risk. The move responds to the firmer baht.

- Date: 2017-08-18 · published 2017-08-18T12:00:00.000Z
- Category: policy · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/69695-bangkok-post-bot-unveils-sme-forex-option-contract
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

The hedging product helps Thai SME importers and exporters manage baht volatility, which has limited direct price impact on feed markets.

## Read by commodity

- USDTHB: neutral

## Sources

- bangkokpost.com: https://www.bangkokpost.com/business/general/1308167/bot-unveils-sme-forex-option-contract

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