Gold’s impact on Thailand’s currency has fallen to its weakest level in almost two years, a sign that policymakers’ efforts ...
The Thai government is considering imposing a tax on physical gold trading to slow the rally of the baht, which has threatened the country's exports and tourism. The Bank of Thailand and the Ministry ...
Thailand’s currency has reached a five-year high in 2025, driven by a significant surge in gold exports. Gold shipments jumped nearly 70 percent in the first seven months of the year, to more than 254 ...
The gold trading tax is among measures the Bank of Thailand is weighing to curb the baht’s appreciation. (EPA Images pic) Thailand’s gold trade is pushing back against central bank plans for a tax ...
As gold prices soar to unprecedented levels, reaching over 61,000 baht per baht-weight, more Thais are turning to 100% ...
Thais are poised to buy more gold for a fifth straight year, as a rally in the local currency makes the bullion cheaper, complicating efforts by the central bank to curb the precious metal’s influence ...
(Bloomberg) -- Thailand’s central bank said a gold tax is among measures under consideration to temper the baht’s gains, a day after Prime Minister Anutin Charnvirakul pledged to “urgently fix” the ...
While most Asian currencies, including the Korean won, remain weak, the Thai baht alone has surged to its highest level in four years, showing a “solo rally.” It has risen nearly 8% against the dollar ...
Thailand's TFEX (The Thailand Futures Exchange) on Monday started trade in new 10-baht weight gold futures contracts after starting trade in 50-baht weight contracts in 2009. A total of 1,089 ...
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