Results 1 to 4 of 4
  1. #1
    Thailand Expat misskit's Avatar
    Join Date
    Dec 2009
    Last Online
    @
    Location
    Chiang Mai
    Posts
    25,703

    BOT promotes Thai-Chinese currency exchange

    BANGKOK, 6 February 2018 (NNT) - The Bank of Thailand (BOT) is supporting trade between Thailand and China by enabling more currency exchange channels between the two countries to reduce transaction fees.

    The BOT revealed that China will expand direct exchange of Chinese yuan and the Thai baht nationwide to promote more liquidity and provide businesses with an additional currency option when purchasing goods and service, which can reduce exposure to currency volatility.

    In addition to supporting the Chinese currency, the BOT is also working with Malaysia, Indonesia, Japan, and CLMV countries to expand currency trading.

    National News Bureau Of Thailand | BOT promotes Thai-Chinese currency exchange

  2. #2
    Days Work Done! Norton's Avatar
    Join Date
    Oct 2007
    Last Online
    @
    Location
    Roiet
    Posts
    27,256
    Chinese making this proposal throughout region. Makes sense given the amount of China/Thai trade.

  3. #3
    Thailand Expat
    david44's Avatar
    Join Date
    Aug 2011
    Last Online
    @
    Location
    XIPING REALITY
    Posts
    12,387
    Drag on as yanqui unbrokebacked greenback is increasingly seen as over valued

  4. #4
    Thailand Expat
    OhOh's Avatar
    Join Date
    Jul 2010
    Last Online
    Yesterday @ 07:31 PM
    Location
    Where troubles melt like lemon drops
    Posts
    13,407
    Bit of a trend here.

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •