International Reserves in Thailand
Thailand - International Reserves
The economy looks likely to have contracted at a slower pace in Q3 than in Q2, as the easing of coronavirus-induced lockdowns should have supported an uptick in domestic activity. However, ongoing travel restrictions affecting the all-important tourism sector, supply chain disruptions and weak foreign demand are likely to have weighed heavily on the external sector. Turning to Q4, the panorama remains subdued: Business sentiment turned more pessimistic in October, and while the PMI signaled a marginal expansion in manufacturing conditions in the same month, firms reported a decline in exports, reflecting a still-weak external trading environment. In the political arena, protestors calling for the resignation of the prime minister rejected a parliament-initiated reconciliation plan on 4 November and are planning fresh rallies in coming weeks, in a continuation of unrest that is likely to dampen domestic demand in Q4.Thailand - International Reserves Data
| 2015 | 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|---|
| International Reserves (USD) | 157 | 172 | 203 | 206 | 224 |
Thailand International Reserves Chart
Source: Bank of Thailand and FocusEconomics calculations.
Thailand Facts
| Value | Change | Date | |
|---|---|---|---|
| Exchange Rate | 30.11 | 0.17 % | Dec 30 |
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Economic News
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Thailand: Consumer prices continue to fall in annual terms in October
November 5, 2020
Consumer prices rose 0.05% in October over the previous month, swinging from the 0.11% fall recorded in September.
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Thailand: Manufacturing activity growth ebbs in September
October 26, 2020
Manufacturing output expanded 3.7% on a month-on-month in seasonally-adjusted terms in September, which followed August's 3.9% increase.
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Thailand: Merchandise exports decrease at a more moderate rate in September
October 22, 2020
Merchandise exports edged down 3.9% annually in September (August: -7.9% year-on-year).
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Thailand: Consumer prices slide again on an annual basis in September
October 5, 2020
Consumer prices fell 0.11% in September over the previous month, swinging from August's 0.29% increase.
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Thailand: Manufacturing production eases in August
September 30, 2020
Manufacturing production grew 3.3% month-on-month in seasonally-adjusted terms in August (July: +6.3% mom).
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