Thailand's currency swaps in USD have reached a total of $30.2 billion, according to the latest data. This marks a slight decrease from the previous indicator, which was at $30.6 billion. The date when both the previous and current events occurred is currently unavailable. The data was last updated on February 16, 2024.
Currency swaps are agreements between two parties to exchange a specified amount of one currency for another currency, with the intention of reducing foreign exchange risk or accessing liquidity in different currencies. In the case of Thailand's currency swaps, the country has been actively engaging in these agreements to manage its foreign exchange exposure. While there has been a decrease in the total amount of swaps, it is important to note that this indicator can fluctuate depending on various economic factors.
The data on Thailand's currency swaps is regularly monitored and updated to provide insights into the country's economic activities. Investors and analysts closely follow these figures to assess the stability and potential risks in the financial market. As the global economy evolves, it will be crucial to observe how currency swaps continue to contribute to Thailand's economic resilience and international trade.
