Risk-Averse Thai Investors Clash With Central Bank’s Baht Goals
Risk-Averse Thai Investors Clash With Central Bank’s Baht Goals (Bloomberg) — The Bank of Thailand is scrapping obstacles for Thais to invest directly in foreign equities in an effort to stall the baht’s relentless rally, but will need to overcome locals’ traditional risk aversion for the program to succeed. Regulatory changes include raising the cap…