FX.co ★ Thailand's Current Account Surges to $2B in February 2024

Thailand's current account experienced a significant upturn in February 2024, with the balance reaching $2 billion. This marks a stark contrast to the previous period in January 2024 when the indicator stagnated at -$0.2 billion. The updated data was reported on 29 March 2024, highlighting the country's positive economic development. The notable increase in the current account balance indicates improved trade, investment, and overall economic performance in Thailand. As the country continues to strengthen its global economic position, investors and analysts will be closely monitoring future developments to assess the sustainability of this growth trajectory.