Bangkok, Thailand – August 5, 2025 – The Thai Baht (THB) is currently trading at 36.45 against the US Dollar (USD) as of 9:00 AM local time, according to the latest analysis from SCB financial Markets. This represents a slight strengthening from yesterday’s close of 36.52 THB/USD.

SCB Financial Markets reports that the Baht’s performance is influenced by a combination of factors, including global risk sentiment, domestic economic data, and intervention from the Bank of Thailand (BOT). Recent comments from BOT Governor Sethaput Suthiwartnarueput have indicated a commitment to maintaining financial stability and managing exchange rate volatility.

The primary driver of the Baht’s current strength is attributed to increased foreign investment in Thai equities, particularly within the energy and tourism sectors. The Stock Exchange of Thailand (SET) Index has seen a 1.5% increase in the past week, attracting capital inflows. Moreover, Thailand’s improving tourism numbers, with a reported 3.2 million foreign arrivals in july 2025, are bolstering the currency.

However, SCB Financial Markets cautions that the Baht remains vulnerable to external shocks, including fluctuations in global oil prices and potential changes in US Federal Reserve monetary policy. The next federal Open Market Committee (FOMC) meeting is scheduled for September 17-18, 2025, and is expected to provide further clarity on the future path of interest rates.

Looking Ahead: SCB Financial Markets forecasts a trading range of 36.30 – 36.60 THB/USD for the remainder of the week. Analysts recommend that businesses engaging in international trade closely monitor exchange rate movements and consider hedging strategies to mitigate potential risks. Key economic data releases to watch include Thailand’s inflation figures for July, scheduled for release on august 10, 2025, and the BOT’s monetary policy review on August 28, 2025.