baht

Thai central bank cuts policy rate by 25 bps, as expected

The reduction is the fifth since October 2024, with rates down by a total of 125 basis points

The strong baht is mainly driven by a weaker US dollar and fund inflows.

Thai central bank is 'taking action' on baht, worried by rapid rise

[BANGKOK] Thailand’s central bank has moved to contain rapid gains in the baht, ordering tighter scrutiny of foreign exchange transactions linked to gold trading and instructing commercial banks to cl...

Finance minister Ekniti Nitithanprapas says "Thailand’s economic structure cannot withstand such a strong currency as we are a net exporter.”

Thai baht is too strong, impacting economy, finance minister says

The baht reached its highest level against the dollar in more than four years

The baht has strengthened more than 8 per cent against the US dollar, thanks to a weaker greenback.

Thai assets face mixed outlook on early election: analysts

THAILAND’S early election is expected to bolster local shares, while the baht may see limited impact after a strong performance this year that’s been driven by macro issues, according to analysts.

The baht’s strength is a result of a weak US dollar and Thailand’s current account surplus, and the central bank will step in to reduce its currency’s volatility, Thai Governor Vitai Ratanakorn told reporters in the northern Chiang Mai province on Saturday (Nov 22).

Thai central bank sees room for rate cut, wants a weaker baht

THAILAND’S newly-appointed central bank governor says the baht should be weaker to reflect economic fundamentals, and there is room to ease monetary policy further.

Behind the Malaysian currency’s outperformance lies a more muted regional showing, with its South-east Asian counterparts breaching record lows and its East Asian peers grasping onto slim year-to-date gains against the US dollar.

Ringgit’s winning streak masks Asia’s currency weakness

Philippine peso and dong breach record lows; rupiah, won and yen continue slide

Finance Minister Ekniti Nitithanprapas hopes everything will be done by December.

Thailand hunting down ‘gray money’ behind baht’s odd strength

It will synchronise data across government and financial institutions to detect unusual transfers