Won, baht lead year-end flips in Asian currency trends - News Summed Up

Won, baht lead year-end flips in Asian currency trends


Won, baht lead year-end flips in Asian currency trendsListen to this articleGovernor Vitai Ratanakorn says the Bank of Thailand requiring financial institutions to declare foreign currency transactions of $200,000 and above is part of an effort to manage the strengthening baht. (Photo: Supplied)Some of Asia’s strongest currency trends are starting to unravel in the final trading days of the year, with the South Korean won and the Thai baht leading the reversals. The won outperformed peers on Monday as exporters sold dollars following expectations of official support for the local currency. The moves underscore a volatile end to a year in which the region’s currencies have been at the forefront of tariff-related trade disruptions and central bank surprises. The baht may have also been weighed down by a rule announced by the BoT that requires financial institutions to declare foreign currency transactions of $200,000 and above.


Source: Bangkok Post December 30, 2025 02:48 UTC



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