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Thailand's Fiscal Policy Office forecasts the baht will average 32.0 per dollar in 2026, within a range of 31.5 to 32.5. The forecast implies about 2.8% appreciation from 2025.
The office cut its view because markets now expect two Fed rate cuts rather than three.
A firmer baht forecast reflects weaker dollar expectations and Fed easing, which changes the currency outlook for Thai importers. Direct feed commodity effects are minimal.
nationthailand.comJan 29, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
