Baht Closes at 32.55, Strengthening with Asian Currencies

MGR Online•Economy•1d ago

Reader Briefing

The Thai Baht strengthened to 32.55 against the US dollar on May 29, 2026, mirroring Asian currency trends amid dollar selling pressure.

•The Thai Baht closed at 32.55 baht per US dollar on May 29, 2026.
•This represents a strengthening of the Baht compared to the previous day's close of 32.70.
•The Baht's appreciation aligns with other Asian currencies, influenced by a US-Iran MOU and foreign net purchases of Thai bonds.

•On May 29, 2026, the Thai Baht closed at 32.55 baht per US dollar, due to a strengthening trend in Asian currencies.
•The Thai Baht closed at 32.55 baht per US dollar on May 29, 2026, strengthening from 32.70 on the previous day.
•The strengthening of the Thai Baht is in line with other Asian currencies, driven by dollar selling after a US-Iran MOU report.
•The Thai Baht's strengthening is also attributed to foreign net purchases of Thai bonds.
•Key factors to monitor for the Thai Baht in the upcoming week include Thai inflation data for May, foreign fund flows, and Middle East developments.
•The US economic data to watch includes ISM/PMI for manufacturing and services, non-farm payrolls, unemployment rates for May, and Beige Book reports.

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Kasikorn Research Center(ศูนย์วิจัยกสิกรไทย)ℹ️

A research center that published a report on the Thai Baht's closing market rate and its relation to Asian currencies.

Kan_jana Chokpaibulsil(นางสาวกาญจนา โชคไพศาลศิลป์)

An executive researcher at Kasikorn Research Center who provided the statement on the Thai Baht's market performance.