Thai Baht Strengthens Against Us Dollar In Bangkok

As of February 27, 2026, the Thai baht has continued to show strength against the US dollar, closing at 31.08 THB per USD, a 0.16% increase from the previous session. This upward trend follows a notable decline in the USD/THB exchange rate, which dropped to 31.0360 on February 26, 2026. The baht's performance is attributed to a surprise interest rate cut by the Bank of Thailand, reducing the policy rate by 25 basis points to 1%. This marks the sixth reduction since October 2024, aimed at stimulating an economy facing challenges from US tariff uncertainties and high household debt. Analysts from Kasikornbank and Krungthai Bank noted, "The baht could continue to strengthen on capital inflows, the export outlook, and a surge of investment flowing into Thailand," reflecting positive sentiment surrounding the currency's future prospects.