Emerging markets: Thai baht set to fall for third straight quarter ahead of central bank meet


BANGKOK, Sept 28 (Reuters): The Thai baht weakened on Tuesday, as rising oil prices weighed on net importing nations in emerging Asian markets, while investors also remained cautious ahead of a central bank policy decision.

The currency, the worst-performing one in Asia this year, fell 0.3% and is set to extend losses for the third straight quarter. A Reuters poll expects the Bank of Thailand to leave its key interest rate at a record low on Wednesday, as tougher coronavirus restrictions have been eased to support a flagging economy.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Thai , Baht , Weakening , Poor Performer , Forex , Asia

Next In Aseanplus News

No development approval for land near Ayer Hitam forest reserve, site unsafe
Selangor MB clarifies status of Permatang Kumbang land in Puchong
European anti-fraud office opens investigation into Peter Mandelson
Second US aircraft carrier to join blockade against Iran in the coming days, says Hegseth
At 64, this Malaysian doctor has completed marathons across all seven continents
Malaysia’s Aiden Kei powers to 13th place at Faldo Series Asia Grand Final at Laguna Golf Lang Co in Vietnam
PM: Malaysia only nation in the region without fuel rationing
Asean News Headlines at 10pm on Friday (April 24, 2026)
Turkish Grand Prix to return to Formula One calendar in 2027
Some 226 million people suffered from hunger in 2025, says report

Others Also Read