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Baht at 32.37, Awaiting China-US Summit

Baht at 32.37, Awaiting China-US Summit

MGR Online•Economy•16d ago

Reader Briefing

The Thai Baht strengthened slightly to 32.37 against the US dollar, with markets anticipating a key US-China summit.

  • •The Thai Baht closed at 32.37 baht per US dollar on May 13, 2026.
  • •The currency's slight strengthening is attributed to rising risk assets and Asian currencies.
  • •Markets are closely watching the upcoming summit between Chinese President Xi Jinping and US President Donald Trump on May 14-15.

Overview

  • •On May 13, 2026, the Thai Baht closed at 32.37 baht per US dollar.
  • •Total foreign investors bought Thai stocks worth 3,308 million baht on May 13, 2026.
  • •Foreign investors continued to net sell Thai bonds totaling 4,131 million baht on May 13, 2026.
  • •The Baht's movement aligns with the rise in risk assets and Asian currencies.
  • •Markets are awaiting the summit between Chinese President Xi Jinping and US President Donald Trump.
  • •The forecast for the Thai Baht's movement on May 14, 2026, is between 32.30-32.50 baht per US dollar.
  • •Key factors to watch include the US-China summit, the Middle East situation, foreign fund flows, and US economic data.

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Key Entities

Organization

Kasikorn Research Center(ศูนย์วิจัยกสิกรไทย)ℹ️
A research center that reported on the closing exchange rate of the Thai Baht.

Person

Kanchana Chockpaiboonphon(นางสาวกาญจนา โชคไพศาลศิลป์)
Research executive at Kasikorn Research Center who provided the Baht exchange rate data.
President Xi Jinping(ปธน. สี จิ้นผิง)ℹ️
President of China whose upcoming summit with the US President is a key market focus.
President Donald Trump(ปธน. โดนัลด์ ทรัมป์)ℹ️
President of the United States whose upcoming summit with the Chinese President is a key market focus.

Place

China(จีน)ℹ️
A country whose President is involved in an upcoming summit with the US.
United States(สหรัฐฯ)ℹ️
A country whose President is involved in an upcoming summit with China.