Finance Minister vows more action if baht continues rapid appreciation

The baht on Thursday closed at Bt30.32 to the dollar in onshore trade, maintaining Wednesday’s level when the central bank cut its policy rate and issued key measures to rein in the rapid appreciation of the Thai currency.Finance Minister Uttama Savanayana said the central bank ...

The Nation Reporter

Strong Thai baht brings financial woes for expat retirees

An interview with a retired Briton in today’s Bangkok Post illustrates the financial difficulties some expats now face in the Land of Smiles as a result of the strong baht.Brian Maxey moved to Pattaya from the UK to live off his sterling pension, but the ...

May Taylor

The Thai Baht in 2022 – a prediction

Trying to find a few good numbers amid the bad we thought we’d look forward three years to some of the world’s major currencies and their projected performance against the Thai Baht. Of course, these are just predictions, according to longforecast.comKeep reading ...

World-Beating Baht Adds to Thai Challenges as Exports Fall

A surge in the baht is adding to the challenges facing Thailand’s trade-dependent economy this year as exports decline.The baht’s climb of about 5 percent against the dollar in the past six months is the strongest in the world, according to data compiled by Bloomberg. ...

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