FX.co ★ Thailand’s USD Currency Swaps Edge Lower to $22.6B as of Mid-June

Thailand’s holdings of U.S. dollar currency swaps have slipped slightly, with the latest figure coming in at $22.6 billion, down from $22.8 billion previously. The updated data, released on 12 June 2026, signal a modest decline of $0.2 billion in the swap position.

While the change is relatively small, it may reflect subtle adjustments in Thailand’s short-term dollar funding or liquidity management strategy. Currency swaps are often used by central banks and financial institutions to manage foreign exchange exposure, secure dollar liquidity, or smooth market volatility, making even minor shifts noteworthy for investors tracking cross-border capital flows and FX dynamics in emerging markets like Thailand.