Baht Weakens to 31.37 on Gold Profit-Taking, Fund Flow Trends

MGR Online•Economy•266d ago

Reader Briefing

Thai Baht depreciates to 31.37 against the dollar, influenced by global gold sales and foreign fund outflows.

•The Thai Baht closed at 31.37 baht per US dollar on January 30, 2026, a weakening from the previous day.
•Gold profit-taking in global markets and foreign fund outflows from Thai stocks and bonds are key drivers.
•The US Treasury added Thailand to its 'Monitoring List' for macroeconomic and exchange rate policies on January 27, 2026.

•On Jan 30, 2026, the Thai Baht closed at 31.37 baht per US dollar due to market movements.
•The Thai Baht weakened due to gold profit-taking in global markets, resulting in a lower closing rate.
•Foreign investors sold Thai stocks and bonds net 878 million baht and 2,454 million baht respectively, influencing the Baht's trend.
•The US Treasury Department released a report on Jan 27, 2026, including Thailand in its 'Monitoring List' for macroeconomic and exchange rate policies.
•The Baht is expected to trade between 31.00-31.80 baht per dollar in the week of Feb 2-6, 2026.
•Key factors to monitor in the coming week include Thai inflation, foreign fund flows, Asian currency movements, gold prices, and the Thai general election results on Feb 8, 2026.
•US economic figures such as PMI, ISM, non-farm payrolls, and unemployment rates for January 2026 are closely watched.
•Market participants are also awaiting the outcomes of BOE and ECB meetings on Feb 5, 2026, and January 2026 PMI data from China, Japan, the Eurozone, and the UK.

Full article content is available on the original source.

Kanchana Chokvipaissralsil

"The Baht closed at 31.37 baht per dollar, weakening compared to yesterday's closing of 31.16 baht per dollar."

เงินบาทปิดตลาดที่ระดับ 31.37 บาทต่อดอลลาร์ฯ อ่อนค่าลงเมื่อเทียบกับระดับปิดตลาดวานนี้ที่ 31.16 บาทต่อดอลลาร์ฯ

Kasikorn Research Centre(ศูนย์วิจัยกสิกรไทย)ℹ️

A research institution in Thailand that analyzes economic trends and currency movements.

Foreign Investors(นักลงทุนต่างชาติ)

Entities whose buying and selling of Thai stocks and bonds impact the Thai Baht.

US Department of the Treasury(กระทรวงการคลังสหรัฐฯ)ℹ️

The US government body that published a report placing Thailand on its Monitoring List.

Bank of England(BOE)ℹ️

A central bank whose upcoming meeting is a key factor to be monitored for its impact on currency markets.

European Central Bank(ECB)ℹ️

A central bank whose upcoming meeting is a key factor to be monitored for its impact on currency markets.

Kanchana Chokvipaissralsil(นางสาวกาญจนา โชคไพศาลศิลป์)

An Executive Researcher at Kasikorn Research Centre who provided analysis on the Thai Baht.

Kevin Warsh(นายเควิน วอร์ช)ℹ️

A potential candidate for the next Federal Reserve chair, mentioned as influencing the US Dollar's sentiment.

Thailand(ไทย)ℹ️

The country whose currency (Baht) and economic policies are analyzed in the article.

United States(สหรัฐฯ)ℹ️

The country whose economic indicators and policies (like the Fed and Treasury reports) are relevant to the Baht's movement.

US Dollar(ดอลลาร์ฯ)ℹ️

The foreign currency against which the Thai Baht's performance is reported.

Gold(ทองคำ)ℹ️

A commodity whose price movements influence the Thai Baht due to profit-taking sales.

Monitoring List(Monitoring list)

A list maintained by the US Treasury that includes Thailand for close observation of its economic and exchange rate policies.