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China-Thailand Cooperation on Enhancing Cross-Border Trade with Local Currency
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作者 《China Forex》 2025年第1期78-80,共3页
Since 2020,the Bank of Thailand(BOT)has initiated a new foreign exchange(FX)ecosystem to promote efficiency in Thai FX market.Under this initiative,the BOT has relaxed foreign exchange regulations to allow businesses ... Since 2020,the Bank of Thailand(BOT)has initiated a new foreign exchange(FX)ecosystem to promote efficiency in Thai FX market.Under this initiative,the BOT has relaxed foreign exchange regulations to allow businesses to better manage foreign exchange exposures,and to support market competition among financial service providers with the aim of lowering transaction costs,expanding variety of financial products and increasing accessibility to foreign exchange hedging tools by businesses. 展开更多
关键词 foreign exchange hedging tools support market competition foreign exchange China financial service providers promote efficiency lowering transaction costsexpanding variety financial products relaxed foreign exchange regulations
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