Thai Baht Opens Stronger at 32.85 Baht on August 20, 2026

Prachachat•Economy•6d ago

Reader Briefing

The Thai Baht opened at 32.85 per US Dollar on August 20, 2026, strengthening from the previous close of 33.06.

•The Thai Baht opened at 32.85 per US Dollar on August 20, 2026.
•The US Treasury announced an increase in government bond buybacks for 10-20 and 20-30 year durations.
•CME Group's FedWatch Tool shows a 65% probability that the Fed will maintain interest rates on September 15-16.
•Foreign investors net sold 8,699 million Baht of Thai stocks and net bought 1,090 million Baht of Thai bonds.

•The Thai Baht opened at 32.85 per US Dollar on August 20, 2026, compared to the previous close of 33.06.
•The US Dollar weakened against major currencies as US Treasury bond yields declined following an announcement by the US Treasury to increase bond buybacks.
•The US Treasury will increase the maximum buyback limit for 10-20 and 20-30 year bonds from 2 billion Dollars to at least 4 billion Dollars.
•The US Treasury bond buyback changes will take effect from September 9 until November 4.
•The US Federal Reserve's July meeting minutes indicated concerns over inflation, suggesting potential interest rate hikes if inflation does not reach the 2% target.
•The CME Group FedWatch Tool indicates investors assign a 65% probability that the US Federal Reserve will hold interest rates during the September 15-16 meeting.
•Foreign investors net sold Thai stocks worth 8,699 million Baht and net bought Thai bonds worth 1,090 million Baht yesterday.
•The Thai Baht is expected to fluctuate between 32.60 and 33.00 per US Dollar over the next 24 hours.

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ttb(ทีทีบี)

The Money Market and International Transactions Department of ttb provided the currency analysis.

US Treasury(กระทรวงการคลังสหรัฐฯ)ℹ️

The US government body that announced an increase in government bond buybacks.

US Federal Reserve(ธนาคารกลางสหรัฐฯ)ℹ️

The US central bank whose July meeting minutes expressed concern over inflation.

Fed(เฟด)

An abbreviated name for the US Federal Reserve.

CME Groupℹ️

The organization that provides the FedWatch Tool used by investors to predict interest rate movements.