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Baht Plummets After Suspension of Test & Go Program

The baht fell to its lowest level since late November after the government raised its Covid-19 alert to the second-highest level, further dampening tourism. Thailand's...

Thailand’s Central Bank Leaves Key Interest Rate Unchanged

The Central Bank has left its key interest rate unchanged at a record low to support the economy as Thailand tries to revive its...

Thailand’s Baht May See its Worst Drop in Over 21 Years

Thailand's Thai baht has dropped to a four-year low this week and is forecasted for its biggest monthly currency drop since July 2000. The...

Once on Top Thai Baht Now Becoming Asia’s Worst-Hit Currency

Thailand's Thai baht, once the strongest-performing currency in Asia before the pandemic, has been steadily falling in 2021 and is this year’s worst-hit currencies...

Gold Prices in Thailand Hit a Three-Month High as Baht Tanks

Gold prices in Thailand hit a three-month high to 28,200 baht per one-baht weight on Tuesday, spurred by the depreciating baht which hit a...

Thai Baht Continues to Tank as Foreign Investors Leave Thailand

Krungthai Bank market strategist Poon Panichpibool reported yesterday the Thai Baht is likely to move between 32.80 and 32.95 as foreign investment continues to...

Gold Prices in Thailand Spike as the Thai Bahts Continues Devaluation

Thailand's gold prices have jumped 4% in three weeks, spurred by a 2% increase in the global gold price and the baht's depreciation. The...

Thai Baht Falls to its Weakest Value in 14 months Against US Dollar

The baht has fallen to its weakest value in 14 months at 32.29 baht against the US dollar causing the Federation of Thai Industries...

Thai Baht Falls to its Lowest Rate Against the US Dollar in 10 Months

Thailand's Thai baht currency fell to 31.68 baht to the US dollar during Forex trading yesterday, the lowest rate in 10 months. The baht...

Thailand’s Narcotics Police Showcase Highlight their Drug Seizures

Thailand's Narcotics Suppression Bureau (NSB) has held a press conference to highlight their drug seizures over the past six months. National police chief Pol...

Thai Families Struggle to Survive as Household Debt Continues to Mount

The Bank of Thailand has raised concerns over the mounting household debt as Thai people are among the biggest borrowers in Asia. Racking up...

Investors Dumping their Gold as the US Dollar Continues to Rise

Gold saw a huge sell-off on Friday after investors moved to the rising US dollar, which hit a four-month high on Thursday, weighing on...

Foreign Investors Steering Clear of Thai Bond Market Due to Low Returns

Foreign investors are expected to keep steering clear of the Thai bond market in 2021 after 2 years of selling due to low returns....

Thailand’s Economy Projected to Lose 10 Billion in First Quarter

Thailand’s economy could lose as much as 300 billion baht ($10 billion) in the first quarter after its largest covid-19 outbreak saw consumer mood...

Couple Arrested for Depositing Photocopied Money into ATM Machines

A couple in lower northern Thailand have been arrested after depositing hundreds of photocopied bank notes into their account through ATM machines. Pol Col...

Thai Baht Has Nowhere to Go But Up Despite US Treasury Report

The US Treasury Department report this week tagged Thailand along with nine other mostly Asian countries as a possible currency manipulator, notably at a...

Bank of Ayudhya Anticipates Thai Baht to Surge in New Year

Thailand's Bank of Ayudhya reports the baht's value is anticipated to surge past the 30-per-dollar mark next year driven by Thailand's huge current account...

Thailand Intervenes to Help Cool the Rapid Gain of the Thai Baht

Thailand relaxed rules on capital outflows and will increase scrutiny of fund flows into bonds to help cool a rally of the Thai Baht...

Bank of Thailand Intervenes to Curb Thai Baht’s Swift Appreciation

The Bank of Thailand has intervened in a bid to stem a rise in the Thai baht because the currency has appreciated too fast...

Thai Government Orders Bank of Thailand to Curb Rally on Thai Baht

The government of Thailand has ordered the Bank of Thailand (BoT) to slow down a resent rally in the Thai Baht. The resent rally...

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