FX.co ★ Thailand’s USD Currency Swaps Edge Lower to $24.7B as of Early September

Thailand’s holdings in U.S. dollar currency swaps slipped slightly, with the latest reading showing a position of $24.7 billion, down from $24.8 billion previously. The updated figure reflects data as of 4 September 2026.

The marginal decline suggests relative stability in Thailand’s use of USD swap lines, indicating no sudden stress or major shift in its short-term dollar liquidity management. While the move is small, market participants often monitor these balances as a gauge of cross-border funding conditions and central bank activity in managing foreign exchange and liquidity needs.