FIN 535 Blades, Inc. Case Assessment of Government Influence on Exchange Rates (Chapter 6)

All foreign exchange transactions must be conducted through commercial banks and authorized non-banks, namely money changers, money transfer agents, companies that are granted foreign exchange licenses by the Minister of Finance. Inward remittances are free of controls. Repatriation of investment funds and repayment of overseas loans can be remitted freely but upon submission of supporting documents to commercial banks, including evidence of sale or transfer in the case of investment funds and evidence of inward remittance supporting the loan agreement. Thai nationals are subject to quantitative limits on the amount of foreign currency that can be remitted abroad without specific permission from...