AFPThis article is a follow-up to my previous piece titled "Fiscal deficit will trigger 2026 crisis". Unlike the 1997 crisis, a 2026 crisis would not be triggered by inadequate foreign reserves, but by insufficient domestic liquidity. I believe I have said enough to unsettle readers about liquidity risk and the possibility of crisis. As this is fundamentally a liquidity risk, the earliest signs of trouble will appear in the money market. The balance has fallen from a peak of 631 billion baht in September last year to 325 billion baht in January 2026.

Source: Bangkok Post March 05, 2026 00:56 UTC