Thailand Said to Weigh Tax on Gold Trades to Slow Baht Rally
BloombergMonday, September 15, 2025 at 6:38:09 AM
NegativeFinancial Markets

Thai authorities are contemplating a tax on gold trading to curb the rising value of the baht, which is impacting exports and tourism. The baht has recently experienced its largest decline in six weeks.
Editor’s Note: This situation is significant as a strong baht can make Thai exports more expensive and less competitive in the global market, potentially harming the economy. The proposed tax on gold trading could be a measure to stabilize the currency and support key sectors.
— Curated by the World Pulse Now AI Editorial System