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BOT relaxes rules to stimulate capital outflows
WEDNESDAY, NOVEMBER 06, 2019
The Bank of Thailand (BOT) relaxes rules to stimulate capital outflows and lessen pressure on the Thai baht.
Central bank takes extraordinary steps to cool off baht
WEDNESDAY, NOVEMBER 06, 2019
The Bank of Thailand has taken unprecedented steps to liberalise capital outflow, allowing residents of the country to take money overseas to invest directly and the domestic trading in gold in foreign currencies.
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