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Weakening baht to remain volatile until November-end, say currency analysts
FRIDAY, NOVEMBER 15, 2024
The baht would face short-term volatility until the end of November due to funds flows into the US after Donald Trump won the presidential election, several currency analysts said on Friday.
Defying the dollar: Asean pushes for greater local currency use
FRIDAY, MAY 12, 2023
Asean leaders declared at this week’s summit in Labuan Bajo, East Nusa Tenggara, that member countries should use their own currencies more often in intraregional trade, as the bloc aims to insulate the region from external volatility.
FTI suspects speculation behind baht appreciation, urges close scrutiny by government
WEDNESDAY, FEBRUARY 15, 2023
The Federation of Thai Industries (FTI) has urged the government and relevant agencies to closely monitor the baht amid concerns of foreign money entering the country and being used for speculation and inflating the value of the baht.
Arkhom says rising baht a measure of foreign confidence in Thai economy
THURSDAY, JANUARY 12, 2023
Finance Minister Arkhom Termpittayapaisith says the baht is strengthening against the US dollar thanks to inflows of foreign funds to the Thai stock and bond markets.
Baht weakens against dollar on Friday but experts see upswing ahead
FRIDAY, JANUARY 06, 2023
The baht opened at 34.03 to the US dollar on Friday, weakening from Thursday’s close of 33.87.
Baht steady against dollar but expert warns of year-end volatility
MONDAY, DECEMBER 26, 2022
The baht opened at 34.76 to the US dollar on Monday, weakening slightly from Friday’s close of 34.73.
Baht weakens against dollar as expert warns of volatility from US inflation data
FRIDAY, DECEMBER 23, 2022
The baht opened at 34.85 to the US dollar on Friday, weakening from Thursday’s close of 34.69.
Baht up slightly against dollar but all eyes on Thai export data
THURSDAY, DECEMBER 22, 2022
The baht opened at 34.68 to the US dollar on Thursday, strengthening slightly from Wednesday’s close of 34.70.
Baht gains against dollar, but experts see limited potential for further appreciation
WEDNESDAY, DECEMBER 21, 2022
The baht opened at 34.65 to the US dollar on Wednesday, strengthening from Tuesday’s close of 34.78.
Baht hits 6-month high against dollar after US Fed meeting
THURSDAY, DECEMBER 15, 2022
The baht opened at 34.53 to the US dollar on Thursday, strengthening from Wednesday’s close of 34.57 to a six-month high.
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