English
Synopsis
The base currency of USDTHB is U.S. dollars, and the denomination currency is Thai baht, indicating how much Thai baht is worth 1 U.S. dollar. The Forex market and the interbank market, was established in 1971 when international trade shifted from a fixed exchange rate to a floating exchange rate. Thereafter, the exchange rate of one currency relative to another is often expressed in an explicit way to express a mutually agreed upon exchange relationship. As an emerging market country, Thailand's economy is mainly characterized by the importance of the service sector, especially tourism, making it more resilient to the usual global economic downturn. The outbreak of the epidemic in early 2020 has been fatal to the tourism industry. For this reason, the Bank of Thailand has cut interest rates to a record low of 0.5%, and USDTHB’s more than four-year downward trend may be over. The monetary policies of major countries in the world, international balance of payments, policy changes in var
Trading Terms
- Contract Size 100000
- Swap Long(Daily) % -0.01444%
- Leverage 100X
- Swap Short (Daily)% -0.01036%
- Minimum Lot Size 0.01
- Spreads 0.022
- Maximum Lot Size 20.00
- Triple Swap Wednesday
- Maximum Position 100.00
- Trading Session
Real-time Trading Strategies
USD/THB
Day
-0.158%
FAILED
2025-05-07 16:51:19 (GMT+8)
Economic Calendar
GMT+8
Currency
Crucial
Events
Previous Value
Forecast
Actual
Crucial
12:50
BoE MPC Member Mann Speech
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-
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A: -
F: -
P: -
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