Thai central bank to promote yuan-baht trade settlement
The BOT has been cooperating with other Asian central banks to establish local currency settlement frameworks, which aim to encourage the use of regional currencies for trade, investment, and tourism.
Thailand and Japan sign deal to promote yen and baht in direct trade
Thailand and Japan signed a Memorandum of Cooperation between the Ministry of Finance of Japan and the Bank of Thailand on the Cooperation to Promote the Use of Local Currencies