Thai c.bank to relax rules on use of yuan for trade

Reuters · 05/10/2023 23:30
Thai c.bank to relax rules on use of yuan for trade

- Thailand's central bank expects to relax rules on the use of China's yuan for trade this year to help reduce the impact of currency volatility, a deputy central bank governor said on Thursday.

The Bank of Thailand is meeting with the Chinese central bank on how to promote the use of the currency, Deputy Governor Mathee Supapongse told reporters.



(Reporting by Kitiphong Thaichareon; Writing by Orathai Sriring; Editing by Martin Petty)

((orathai.sriring@tr.com;))