Thailand

Thailand

Relaxes foreign trading and exchange regulations

08 Nov 2019

On 5 November 2019, the Bank of Thailand announced further relaxations of foreign exchange (FX) control regulations on investment in foreign instruments, such as securities and derivatives, in order to facilitate capital outflows and cope with the strengthening of the Thai baht. The key relaxation will, for the first time, allow Thai retail investors to send money offshore to invest directly in foreign instruments. These relaxed FX regulations came into effect on 8 November 2019.