![Central Banking](https://www.centralbanking.com/sites/default/files/styles/print_logo/public/2017-03/print-logo.png?itok=_maJqRIT)
Thailand eases foreign exchange rules to encourage outflows
Central bank seeks to cool down the baht, one of the fastest-appreciating Asian currencies
![thai-baht_Getty-web.jpg](/sites/default/files/styles/landscape_750_463/public/article_copied_files/thai-baht_Getty-web3.jpg.webp?h=e36b46b4&itok=dNdH9AC8)
The Bank of Thailand has stepped up its efforts to cool the Thai baht by allowing more individual investors to invest directly in foreign securities.
Individuals with assets of between 50 million baht ($1.59 million) and 100 million baht can now invest up to $1 million per year in foreign securities without intermediaries, said Vachira Arromdee, assistant governor for market operations, in a statement published on February 1.
Previously, the Thai authorities only allowed investors with more
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@centralbanking.com