The Bank of Thailand said it would lift restrictions on same-company foreign currency loans and on fully hedged borrowings and funds raised from bond sales. Foreign loans with a maturity of less than 180 days used to pay for exports will also be exempt from capital controls. "The relaxation for some transactions will provide companies in Thailand more options in raising foreign loans for their business, not for speculation on the baht," said Suchart Sakkankosone, director of the exchange control department. "It makes sure that those loans and borrowings will not have an impact on the baht's volatility."