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THBUSD

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    0.0308$
  • Previous Close
    0.031$
  • 52 Week Change
    --
  • Day Range
    -0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

THBUSD.FOREX represents the exchange rate between the Thai Baht (THB) and the United States Dollar (USD) in the foreign exchange (forex) market. It indicates how many Thai Baht are needed to purchase one US Dollar. Fluctuations in this exchange rate are influenced by various economic factors in both Thailand and the United States, including interest rates, inflation, economic growth, and political stability, as well as global market sentiment. This currency pair is actively traded, reflecting the relative value of these two currencies and offering opportunities for speculation and hedging against currency risk.
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Factors

[Thai Baht (THB) Interest Rates]: Higher interest rates typically strengthen the THB.

[US Dollar (USD) Strength]: A stronger USD weakens the THB/USD pair.

[Thai Economic Growth]: Stronger Thai economic data generally strengthens the THB.

[US Economic Growth]: Robust US economic growth can strengthen the USD.

[Political Stability in Thailand]: Instability can weaken the THB.

[Global Risk Sentiment]: Risk-on sentiment may favor emerging market currencies like the THB.

[Thai Exports and Imports]: A trade surplus strengthens the THB.

[US Trade Balance]: The US trade balance affects the USD.

[Inflation Rates (Thailand & US)]: Differentials influence currency values.

[Central Bank Policies (BOT & Fed)]: Monetary policy decisions impact currency strength.

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