(Dec 26): The Bank of Thailand has instructed commercial banks and state-owned financial institutions to declare foreign currency transactions of US$200,000 (RM807,800) and above to help it manage the baht’s persistent appreciation. Effective Dec 29, banks must request evidence of sales abroad for every foreign currency transaction relating to gold, according to the Bank of Thailand letter. Documentation may be submitted on the trade date or by the next business day for transactions conducted outside business hours. For foreign banknotes in amounts of US$15,000 and above, banks must request documentation demonstrating that such foreign currency was brought into the country. For foreign currency received from abroad into foreign currency deposit accounts of residents, banks shall apply the same requirements as those for spot foreign currency purchase transactions.

Source: The Edge Markets December 26, 2025 11:09 UTC