FX.co ★ Thailand’s Dollar Swap Holdings Edge Higher to $22.7B, Signalling Stable FX Backstop

Thailand’s stock of U.S. dollar currency swaps inched up to $22.7 billion, compared with $22.3 billion previously, according to data updated on 13 March 2026.

The modest increase suggests Thai authorities have maintained, and slightly expanded, their access to dollar liquidity via swap arrangements, reinforcing the country’s capacity to manage short-term foreign-exchange needs and external funding pressures. For investors, the higher swap balance may be read as a sign of continued prudence in safeguarding financial stability amid a still-uncertain global rate and currency environment.