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flag Thailand may tax online gold trades and cap volumes to curb a surging baht harming exports.

flag Thailand is considering a tax on online gold trading and volume caps amid a 10% surge in the baht against the dollar, its strongest level in over four years. flag Officials say speculative gold trading, driven by a 70% rise in global gold prices and record exports, is fueling capital inflows and distorting the currency. flag The central bank and finance ministry are increasing oversight of gold-linked forex transactions and urging banks to monitor foreign currency inflows. flag Finance Minister Ekniti Nitithanprapas warned the strong baht is harming exports, prompting regulatory action to stabilize the currency.

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