The Bank of Thailand has eased rules on foreign income repatriation by Thai individuals and businesses to reduce upward pressure on the baht, raising the threshold to copy0 million per transaction from the previous copy million.
Transactions below copy0 million account for around 92% of Thailand’s total export value, the central bank said in a statement on Tuesday.
The measure will help reduce upward pressure on the baht, as exporters can retain more of their US dollar earnings without needing to convert them into local currency, it said.
The change will also cut cross-border transaction costs and improve flexibility, the central bank said.
The baht has gained about 1.3% against the dollar so far this year, making it Asia’s best performing currency. It rose about 9% against the greenback last year.
The eased rules will support exchange-rate stability, lower international transfer costs and give businesses more flexibility in managing foreign currency income and expenses, the Bank of Thailand said.
The relaxation is part of several measures the central bank has implemented to slow excessive baht appreciation, which may be inconsistent with fundamentals, it added.
It is also considering setting limits on baht-denominated online gold trading to help mitigate upward pressures on the currency.
As well, the central bank has also proposed capping daily gold transactions through online platforms at 20 million baht to 100 million baht.
Source: Bangkok Post
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<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
