International Reserves in Thailand
Thailand - International ReservesThe 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
|International Reserves (USD)||157||172||203||206||224|
5 years of economic forecasts for more than 30 economic indicators.
Thailand International Reserves Chart
Source: Bank of Thailand and FocusEconomics calculations.
|Exchange Rate||30.11||0.17 %||Dec 30|
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November 5, 2020
Consumer prices rose 0.05% in October over the previous month, swinging from the 0.11% fall recorded 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.
October 22, 2020
Merchandise exports edged down 3.9% annually in September (August: -7.9% year-on-year).
October 5, 2020
Consumer prices fell 0.11% in September over the previous month, swinging from August's 0.29% increase.
September 30, 2020
Manufacturing production grew 3.3% month-on-month in seasonally-adjusted terms in August (July: +6.3% mom).