Showing 1 - 10 of 225
SCB sees stronger baht in second half
Business, Somruedi Banchongduang, Published on 12/06/2025
» Siam Commercial Bank (SCB) expects the baht to strengthen against the US dollar in the second half of this year, though the movement will be limited due to Thailand's slower GDP growth.
Baht poised to weaken further
Business, Somruedi Banchongduang, Published on 14/05/2025
» The baht is expected to depreciate to around 33.80 against the US dollar this week, driven by a firmer greenback following the temporary pause in the US-China tariff war.
Thai business leaders tally cost of US tariffs
Somruedi Banchongduang, Published on 07/05/2025
» The value of Thai exports to the United States could drop by as much as as $43 billion (1.4 trillion baht) over the next decade if 36% import tariffs go ahead, say business leaders.
Baht expected to skim 34.50 per dollar
Business, Somruedi Banchongduang, Published on 04/04/2025
» The baht is expected to test a low of around 34.50 per US dollar over the next month amid heightened uncertainty following the US announcement of reciprocal tariffs of 37% on Thai imports.
Baht expected to skim 34.50 per dollar
Somruedi Banchongduang, Published on 03/04/2025
» The baht is expected to test a low of around 34.50 per US dollar over the next month amid heightened uncertainty following the US announcement of reciprocal tariffs of 37% on Thai imports.
Baht expected to dip to 35 by mid-year
Business, Somruedi Banchongduang, Published on 25/02/2025
» Standard Chartered Bank (Thai) forecasts the baht will weaken to around 35 per greenback by mid-2025, driven by escalating trade tensions.
World Bank upbeat on poverty reduction outlook
Business, Somruedi Banchongduang, Published on 24/02/2025
» The World Bank expects Thailand's poverty rate to continue declining this year, supported by ongoing economic recovery and the government's cash transfer programmes.
Baht expected to weaken
Business, Somruedi Banchongduang, Published on 12/02/2025
» The baht is expected to weaken over the next few weeks amid rising global trade tensions following the recent US decision to increase tariffs on aluminium and steel imports to 25%.
Volatile baht causes large uptick in forex transactions
Business, Somruedi Banchongduang, Published on 28/10/2024
» Foreign exchange rate volatility has encouraged Thai travellers to increase their transactions on YouTrip, Southeast Asia's leading multi-currency digital payment platform, as they prepare for the upcoming travel season.
Central bank intervenes in baht's exchange rate
Business, Somruedi Banchongduang, Published on 01/10/2024
» The Bank of Thailand has acknowledged its intervention in the value of the baht, citing it as a tool for managing the currency's strength against the US dollar.