Home » THAILAND » Thailand, US, and Global Markets in Crisis: Is the Stronger Baht the Start of an Economic Disaster?
Published on
September 15, 2025
Thailand’s fragile economy is under increasing pressure due to a number of global and domestic factors. One of the main concerns is the strengthening baht, which, though fueled by Thailand’s strong external reserves and financial stability, could hurt exports, tourism, and overall economic growth. Dr. Anusorn Thamjai, a prominent economist from the University of the Thai Chamber of Commerce (UTCC), has raised alarms about the negative effects that a stronger baht could have on the Thai economy. As the baht strengthens against the U.S. dollar, it may surpass the ฿30-per-dollar mark before the year ends, posing risks for various sectors of the economy.
The rising value of the baht is partly due to capital inflows, with foreign…
