Thai to finalise new forex rules this week

THAILAND - A senior Bank of Thailand (BOT) official said on 24 July changes to forex trade reporting rules for foreigners would go to the governor for approval this week.

Assistant central bank governor Chetthavee Charoenpitaks declined to discuss any details of the changes which authorities said earlier were meant to plug loopholes used by non-residents and offshore players to speculate on the baht.

BOT Governor Pridiyathorn Devakula has said the changes would not impose an excessive back offi