Thailand Lifts Cap on Forex Repatriation to Temper Baht Rally

Thailand is loosening rules on bringing foreign earnings home, lifting the threshold by tenfold as authorities step up efforts to rein in the baht, which is trading near a five-year...

By Randy Thanthong-Knight, Suttinee (Ying) Yuvejwattana · Bloomberg Markets

Thailand is loosening rules on bringing foreign earnings home, lifting the threshold by tenfold as authorities step up efforts to rein in the baht, which is trading near a five-year high.