Thai Baht Reaches 4-Year High Ahead of Upcoming Rate Decision
Photo Credit: Bloomberg The Thai baht has reached its highest level against the US dollar in over four years, increasing pressure on the Bank of Thailand to manage the rally…
BoT Plans to Mitigate Baht Pressure
The Bank of Thailand has suggested that the Finance Ministry raise the cap on foreign income repatriation to help ease pressure on the baht. Amid increased fluctuations in the baht-USD…
Thailand’s Central Bank Moves to Stabilize Baht as Currency Reaches 4-Year Peak
The Bank of Thailand has pledged to take measures to curb excessive fluctuations in the baht and reduce the impact of gold price movements, following the currency’s surge to its…
Baht Remains Volatile Amid Turmoil Throughout the Week
The Thai baht is expected to experience increased volatility this week, driven by domestic political instability and anticipation of a US policy rate cut later this month. Kasikorn Research Center…
Top Forecaster Warns Turmoil Could Threaten Thai Baht’s Rise
According to the top currency forecaster, the Thai baht’s four-month rally is expected to weaken amid ongoing political turmoil, which is likely to impact the country’s economy. Christoper Wong, senior…
Baht Set to Experience Further Weakness
The Thai baht is projected to depreciate to approximately 33.80 against the US dollar this week, influenced by a stronger dollar following a temporary pause in the US-China tariff conflict.…
Baht Expected to Exceed 33 Per Dollar in Q2
The baht may strengthen beyond the significant psychological barrier of 33 to the dollar in the second quarter, following its rise to a six-month high yesterday, according to the Kasikorn…
Baht Anticipated to Reach 34.50 per Dollar
The baht is anticipated to test a low of approximately 34.50 per US dollar in the coming month due to increased uncertainty following the US announcement of a 37% reciprocal…
The Baht expected to strengthen
The baht is expected to continue strengthening after it surpassed 34 to the dollar on Tuesday. This shift follows Donald Trump’s inauguration speech, which disappointed investors and led to significant…
Baht to weaken next year with US tariffs coming in
The baht is projected to weaken, reaching 34.50 per US dollar by the end of 2024, and further declining to 35.50 in 2025 as new US government policies are expected…