June 14, 2018 / 8:59 AM / 5 months ago

Thai c.bank allows securities firms to trade FX for clients

BANGKOK, June 14 (Reuters) -

* Securities firms are allowed to buy, sell or exchange foreign currencies for their customers for investments, the Bank of Thailand said in a statement on Thursday.

* Relaxed rule will help facilitate investors’ investments.

* This is part of the central bank’s relaxation of foreign exchange controls implemented since mid-2017 to improve the ease of doing business. (Reporting by Orathai Sriring Editing by Richard Borsuk)

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