Core Viewpoint - The new Thai government, led by Prime Minister Anutin, is negotiating with the Bank of Thailand to stabilize the Thai baht's exchange rate following its rise to a four-year high, which has raised concerns about the impact on exports and tourism [1] Group 1: Government Actions - The incoming Finance Minister, Arkhom Termpittayapaisith, has communicated with the new Bank of Thailand Governor, Veerathai Santiprabhob, regarding the recent appreciation of the baht [1] - A task force has been established to investigate domestic gold trading, amid ongoing debates about gold's role in the baht's appreciation against the US dollar [1] Group 2: Economic Context - The Thai baht has appreciated approximately 7% this year, making it the second-best performing currency in Asia after the New Taiwan Dollar [1] - The Bank of Thailand attributes the baht's strength to the general weakness of the US dollar, a current account surplus, and record-high gold prices, which are constraining the export and tourism sectors that account for 70% of GDP [1]