Limit of B50-100 million for online trades to be imposed to reduce upward pressure on bahtListen to this articleThe Bank of Thailand will ‌introduce ​a cap on online gold trading by ‌Jan 29 in order to ease upward pressure on the baht, governor Vitai Ratanakorn ⁠said on Wednesday. Daily gold trading through online platforms will likely be capped at 50 million or 100 million baht per account, Mr Vitai told reporters. The central bank will assess the impact of the gold measures before considering whether a specific business tax on gold trading is necessary, he said. The sharp appreciation of the baht over the past three to four days has been driven by gold trading and foreign fund inflows, he said. The measure will allow exporters to retain more of their US dollar earnings without needing to convert them into local currency, the central bank said.

Source: Bangkok Post January 21, 2026 09:14 UTC