Thailand: Demonetize 1,000-Baht Notes to Uncover 'Grey Money'?
Technology

Thailand: Demonetize 1,000-Baht Notes to Uncover 'Grey Money'?

Over 140 billion baht in older 1,000-baht banknotes have vanished from circulation in Thailand as of July 2026, suggesting significant hidden 'grey money.' The potential demonetization of high-denomination notes is considered as a strong measure to expose this cash, though economic impacts are a concern.

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