Thailand’s USD Currency Swaps Edge Lower to $24.6B as of Late September

Thailand’s outstanding U.S. dollar currency swaps slipped slightly in the latest reading, easing to $24.6 billion from a previous level of $24.9 billion. The updated figure, released on 25 September 2026, points to a modest $0.3 billion decline in the size of the swap position.

While the adjustment is relatively small in absolute terms, the move may reflect shifting short‑term liquidity needs or a change in external funding conditions. Market participants will be watching upcoming data releases and policy signals to assess whether this marks the start of a more sustained recalibration in Thailand’s use of USD swap facilities or a routine fluctuation around recent levels.