Thailand keen to appease corporate treasurers
The Bank of Thailand is rolling out a series of FX liberalisations, including a push for corporate treasury centres, Thai baht lending programmes for foreign corporates, and market allowances for new risk management products.
In line with the first phase of its “Capital Account Liberalisation Master Plan” released in 2012, the Bank of Thailand (BoT) announced measures to further relax foreign exchange (FX) regulations on April 30, 2015. The central bank aims to provide greater flexibility for capital outflows to rein in the strong Thai baht and boost its export economy.
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