Thai Central Bank Says Gold Tax Among Options to Cool Baht Gains

Thailand’s central bank said a gold tax is among measures under consideration to temper the baht’s gains, a day after Prime Minister Anutin Charnvirakul pledged to “urgently fix” the currency rally threatening the nation’s exports and tourism.

A decision on how best to reduce the baht’s correlation with gold may take time, as the matter requires careful study and consultations with stakeholders, Bank of Thailand Governor Sethaput Suthiwartnarueput, who ends his five-year term on Sept. 30, said at a briefing on Tuesday.

“The final outcome will depend on what we consider the most appropriate after consulting with ...