baht

Thai central bank to expand authority to scrutinise online gold trading

Bank of Thailand has blamed gold traders for driving up the baht

Authorities have ordered stricter checks on foreign-exchange transactions involving US dollar sales, particularly those linked to gold trading, to rein in inflows.

Thai baht rally at risk as central bank curbs, elections weigh

A stronger currency risks hurting the country’s key export and tourism sectors

Safety concerns and the baht’s strength are key factors impacting tourist arrivals.

Thai tourism takes hit as strong baht, war compound China fears

As at Dec 28, the country has welcomed 32.6 million foreign travellers, a more than 7% drop from the same period in 2024

On the other end of the spectrum, the baht is ceding ground on fears the central bank may push back against the rally, which threatens the nation’s exports.

Two currency bets in Asia flash warning signs as year-end nears

Moves in precious metals have also contributed to swings in the region’s currencies

The baht has gained 10.3 per cent against the dollar so far this year to become Asia’s second-best performing currency.

Thai central bank undertakes ‘heavy’ baht intervention to ease volatility, chief says  

Governor says doesn’t want baht to be too strong and hit exporters, economy

In 2025, rice shipments are projected to reach 7.88 million to 8 million tons but the volume would still be below the nearly 10 million tons recorded last year.

Thai rice exports may fall as much as 12.5% in 2026 as baht bites

The baht has gained 10.5 per cent against the dollar so far this year to become Asia’s second-best performing currency

The Thai baht’s gains against the US dollar are being driven by “huge” gold trading volumes.

Thailand eyes measures on ‘huge’ gold trading volumes amid baht surge  

The currency has now reached its highest level against the US dollar in more than four years

The BOT said it expects the economy to grow by 2.2% this year and 1.5% in 2026.

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