Thai PM Anutin Demands Measures to Check Sky-High Baht

Thai PM Anutin Demands Measures to Check Sky-High Baht

Prime Minister Anutin Charnvirakul has voiced concern over the baht’s sharp appreciation and the pressure it is placing on exporters. He stressed the need for urgent measures to stabilise the currency, saying that the new finance minister will meet with industries to develop solutions. Exporters argue that the stronger baht is making them less competitive and prefer an exchange rate closer to 34-35 baht per US dollar. The situation is compounded by wider economic pressures including rising US tariffs, high household debt, and weak consumption. The government hopes that interest rate cuts and coordinated cabinet action will help ease the strain.