BOT Flags Soaring Gold Price as Driver of Baht Strength
09 September 2025 16:54
61 BANGKOK, Sept 23 (TNA) – Thailand’s central bank has identified the more than 40% surge in global gold prices as a key factor behind the recent appreciation of the Thai baht. This rapid rise has prompted a rush of gold sales abroad, with foreign currency being converted back into baht, putting upward pressure on the […]
