Baht slide continues as BoT likely to hold interest rate (opens original article in a new tab)

Baht continues to weaken against the dollar as markets expect US rate hikes, with Thai central bank unlikely to raise rates soon.

• Baht has depreciated 4.9% against the dollar since 2026
• US Fed rate hike expectations drive dollar strength and baht weakness
• Thai central bank likely to keep rates unchanged, prolonging baht decline