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TWDTHB

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

Analysis and statistics

  • Open
    1.06$
  • Previous Close
    1.06$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

TWDTHB.FOREX refers to the exchange rate between the New Taiwan Dollar (TWD) and the Thai Baht (THB) in the foreign exchange (forex) market. It represents the price of one currency in terms of the other, indicating how many Thai Baht are needed to purchase one New Taiwan Dollar. This exchange rate fluctuates constantly based on various economic factors, including interest rates, inflation, political stability, and overall economic performance of both Taiwan and Thailand. Trading on this forex pair involves speculating on whether the TWD will appreciate or depreciate against the THB.
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Factors

Economic Growth: Taiwan and Thailand's economic performance impacts their currencies' value. Strong growth typically strengthens the currency.

Interest Rates: Interest rate differentials between Taiwan and Thailand influence capital flows. Higher rates attract foreign investment, boosting demand for the currency.

Inflation: Inflation erodes purchasing power. Higher inflation relative to the other country can weaken the currency.

Trade Balance: A trade surplus (exports exceeding imports) generally supports a currency, while a deficit can weaken it.

Political Stability: Political instability increases risk, potentially leading to capital flight and currency depreciation.

Global Risk Sentiment: During periods of global uncertainty, investors often seek safe-haven assets, affecting emerging market currencies.

Central Bank Policy: The monetary policy decisions of the central banks in Taiwan and Thailand influence exchange rates.

Speculation: Currency markets are subject to speculation, which can drive short-term price fluctuations.

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