FX.co ★ Thailand's Currency Swaps Drop Slightly to 28.5B USD

In recent data released on April 26, 2024, Thailand's currency swaps in USD have shown a slight decrease. The previous indicator stood at 28.9 billion USD, while the most recent data indicates a drop to 28.5 billion USD. Currency swaps play a crucial role in managing exchange rate risks and ensuring liquidity in the foreign exchange market. This shift in Thailand's currency swap figures may have implications for the country's economic landscape and international trade relations. Analysts will be closely monitoring how this development could impact Thailand's financial stability and market activities in the coming months.