泰国央行称已进行大规模干预，以平抑泰铢波动

Core Viewpoint - The Bank of Thailand is taking active measures to mitigate the volatility of the Thai baht, which has surged due to increased gold trading activity [1] Group 1: Currency Performance - The Thai baht has appreciated by 10.3% against the US dollar this year, currently trading around the 31 level, marking its highest point in over four years [1] - The strengthening of the baht is primarily driven by significant capital flows from gold trading, where traders sell gold in overseas markets for US dollars and then convert those dollars into baht [1] Group 2: Economic Factors - A weaker US dollar, capital inflows, and Thailand's better-than-expected current account surplus have also contributed to the baht's rise [1] - The strong baht exacerbates existing economic challenges in Thailand, including uncertainties related to US tariffs and high household debt levels [1]