Non-financial companies having trade and direct investment in Thailand participating in the scheme will be allowed to manage currency risks related to the baht more freely and manage baht liquidity more flexibly, it said in a statement https://www.bot.or.th/Thai/PressandSpeeches/Press/News2564/n0164e.pdf.
The Bank of Thailand (BOT) said it would hold a media briefing on the matter and the foreign exchange ecosystem at 1500 (0800 GMT).
The BOT has repeatedly expressed concerns about the strength of the baht and said it would consider measures to tackle the appreciation of the currency which has gained nearly 11% against the U.S. dollar since April last year.
However, market intervention may be difficult as Thailand is now on a U.S. currency watch list, analysts say.
(Reporting by Orathai Sriring; Editing by Ed Davies)