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Bangkok Post

Business

Bank of Thailand to relax rules on use of yuan for trade

Bank of Thailand BoT Thailand the Bank of Thailand China

Bank of Thailand (File photo: Bangkok Post)

The Bank of Thailand (BoT) expects to relax rules on the use of China's yuan for trade this year to help reduce the impact of currency volatility, BoT deputy governor Mathee Supapongse said on Thursday.

The central bank is in talks with the Chinese central bank on how to promote the use of the currency, Mr Mathee told reporters.

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