Thai Baht Strengthens Against Us Dollar In Bangkok

As of February 27, 2026, the Thai baht has shown significant 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 combination of factors, including a surprise interest rate cut by the Bank of Thailand, which reduced 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. According to Trading Economics, the baht has appreciated by 8.91% over the past year, despite a 0.38% decline over the last month. "The baht could continue to strengthen on capital inflows, the export outlook, and a surge of investment flowing into Thailand," noted analysts from Kasikornbank and Krungthai Bank, highlighting the positive sentiment surrounding the currency's future prospects (KLSescreener, February 25, 2026).