Bank of Thailand backtracks on reserve requirements
NEWS
The central bank said foreign direct investment in residential entities where an investor owns at least 10%, as well as investment in real estate, are also exempt.
Currency swap transactions associated with rolling over existing FX hedges with the original financial institution are also now excluded. The same applies to FX trades against the baht of less than US$20,000 or equivalent. Foreign exchange bought or exchanged against baht from clients or authorised money changers in the form of
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