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Baht marginally up but continues to fluctuate
TUESDAY, DECEMBER 26, 2023
The Thai baht opened this morning at 34.57 baht to the US dollar, a very slight strengthening from the previous day's closing level of 34.58 baht, Krung Thai Bank's foreign currency analyst, Poon Panitpiboon says.
Thai baht strengthens as investors sell dollars
TUESDAY, OCTOBER 31, 2023
The Thai baht has strengthened over the past six weeks as investors sold US dollars to make profits.
Government told it would be illegal for GSB to lend for digital handout scheme
THURSDAY, OCTOBER 26, 2023
It would be against the law for the Government Savings Bank (GSB) to lend the government money to fund the digital money handout scheme, the Council of State has informed the government.
Thai baht strong, US dollar weak, gold rebounds
TUESDAY, OCTOBER 10, 2023
The Thai baht opened slightly stronger today (October 10) at 36.90 Baht per US dollar after the US dollar weakened amidst concerns about the impact of the Israeli-Hamas conflict.
Fog of uncertainty over Thai digital welfare scheme sends baht plummeting
TUESDAY, OCTOBER 03, 2023
Lack of clarity over the new digital-wallet scheme is weakening the value of the baht and could eventually become a hidden cost for the Thai government.
Thai Baht weakens to Baht35/USD
MONDAY, JUNE 26, 2023
The Thai Baht opened this morning at 35.13 baht per US dollar, down from the previous day's closing rate of 35.06 baht per US dollar. T
Thai Baht continues to be volatile
MONDAY, JUNE 19, 2023
After a week of fluctuations last week amid strong selling pressure on the US dollar and bond yields, the exchange rate of the Thai Baht to the US dollar is expected to be volatile again this week, ranging between 34.40 and 34.90 Baht.
Thai Baht weakens ahead of FOMC meeting outcome
SUNDAY, JUNE 11, 2023
The Thai Baht weakened over the past week in line with other Asian currencies and the Chinese Yuan and is projected to fluctuate within the range of 34.30-34.90 baht per dollar next week.
Thai exports drop 5.65% in January
FRIDAY, FEBRUARY 22, 2019
Thai exports saw a 5.65 per cent year on year contraction in January, largely due to the impact of the US-China trade war, the Thai baht appreciation and increase in competition from Asean markets.
UOB (Thai) completes Bt2 billion bond issuance for Siamgas and Petrochemicals PCL (SGP)
THURSDAY, MAY 10, 2018
United Overseas Bank (Thai) (UOB Thai) and the Credit Guarantee and Investment Facility (CGIF) have completed the first CGIF-guaranteed Thai Baht bond issue for a Thai company in the Kingdom.
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