Loading…
The Thai baht strengthened to 32.12 per US dollar, its strongest level since February 2022, on hopes for a trade deal with the US and a return of foreign capital to stock markets. Gold prices near record highs and record foreign reserves also supported the currency.
Finance Minister Pichai Chunhavajira said Thailand was close to a deal to reduce a threatened 36% tariff before the August 1 deadline.
A firmer baht raises the local-currency cost of Thai exports and encourages policy action to limit its strength. For feed buyers, a stronger baht reduces the local cost of imported feed ingredients.
en.moneyandbanking.co.thbank financeJul 24, 2025Not 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.
