Thai Baht: Consolidation expected in defined range against US Dollar
The USD/THB pair declined from 33.90 to 32.70 as the dollar weakened. The Bank of Thailand kept interest rates steady at 1.00%, with no changes anticipated through the first half of 2027. Baht fluctuations are influenced by uncertainties in the Middle East and expectations from the Federal Reserve. Commerzbank predicts the currency to consolidate within the 32.50-33.00 range.
We haven't written up this one. Thailand Business News has the full story — the link below goes straight to it.
Also reported by 1 other outlet
- Thai baht/US dollar steady on Wednesday brecorder.com
