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: Manufacturing production rebounds in March; grows in annual terms for first time in 23 months
April 28, 2021
Manufacturing output increased 0.9% month-on-month in seasonally-adjusted terms in March, rebounding from February’s 0.2% drop.
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Thailand: Merchandise exports rebound in March
April 23, 2021
Merchandise exports jumped 8.5% in annual terms in March, contrasting February’s 2.6% year-on-year decline.
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Thailand: Consumer prices continue to fall in annual terms in March
April 7, 2021
Consumer prices rose 0.23% over the previous month in March, contrasting February's 0.91% fall.
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Thailand: Manufacturing production dips in February
April 1, 2021
Manufacturing output fell 0.3% in month-on-month seasonally-adjusted terms in February, which contrasted January's 0.4% increase.
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Thailand: Central Bank holds rates at March meeting; downgrades growth outlook
March 24, 2021
At its 24 March meeting, the Monetary Policy Committee of the Bank of Thailand (BoT) kept the policy rate at the record low of 0.50% for the seventh consecutive meeting.
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