Archive · 16 Sep 2025

Thailand Considers Gold Tax to Cool Baht's Rise

Thailand Considers Gold Tax to Cool Baht's Rise

Thailand's central bank is looking at ways to stop the Thai Baht from getting too strong.

One idea is to tax gold sales.

This is because when people sell gold, it can make the Baht more valuable.

A strong Baht makes it hard for tourists to visit and for businesses to sell goods.

The central bank is also checking unusual gold exports to Cambodia.

The bank has already lowered interest rates to help the economy.

The goal is to keep the Baht stable to support tourism and trade.

Sources