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USDTHB

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

Analysis and statistics

  • Open
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  • Previous Close
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  • 52 Week Change
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  • Day Range
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  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
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About

USDTHB.FOREX is a financial instrument that represents the exchange rate between the US Dollar (USD) and the Thai Baht (THB) in the foreign exchange market (FOREX). It indicates how many Thai Baht are needed to purchase one US Dollar. This is a commonly traded currency pair, reflecting the economic relationship between the United States and Thailand. The price fluctuates constantly based on supply and demand driven by factors like interest rate differentials, economic growth, trade balances, and geopolitical events affecting either country or global market sentiment. Traders and investors use this symbol to track, analyze, and speculate on the future movements of the USD/THB exchange rate to potentially profit from these fluctuations.
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Factors

Interest Rate Differentials: Higher US interest rates relative to Thailand attract capital inflows to the US, strengthening USD against THB.

Economic Growth: Stronger US economic growth compared to Thailand boosts USD demand.

Inflation Rates: Higher US inflation erodes USD value, potentially weakening it against THB if Thai inflation is lower.

Political Stability: Political instability in Thailand may weaken THB.

Trade Balance: A US trade surplus increases USD demand, potentially strengthening it against THB.

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