Thailand Central Bank Governor Attributes Baht's Rise to Increased Gold Trading

Deep News12-23 15:50

Bank of Thailand Governor Vitai Ratanakorn stated that the appreciation of the Thai baht stems from increased gold trading volumes.

Speaking at an unscheduled press conference on Tuesday, Vitai revealed that revenues from 15 domestic gold traders surged by 39% in 2025.

Note: The Bank of Thailand, Ministry of Finance, and Securities and Exchange Commission jointly held an emergency press conference regarding the baht's exchange rate.

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