THB/HKD Price & Performance (THBHKD)

The Thai baht is expected to decline to 35 per US dollar by mid-2025 due to escalating trade disputes, according to Standard Chartered Bank. The currency's volatility is likely to persist, influenced by factors such as gold prices and the tourism sector. A rebound to 34.50 is projected by year-end.12

Raimon Land Public Company Limited (RML) exceeded its corporate bond target, securing strong investor confidence. The company now prepares to launch a luxury mixed-use development in Phuket, valued at THB 10 billion, targeting affluent buyers. RML aims for an 80% sales growth this year, reaching THB 7.5 billion.3

Thailand's baht has gained 1.2% against the dollar this year, driven by rising gold prices, yet experts warn of challenges. A widening interest-rate gap with the US and tariff risks could pressure the currency, with predictions of further weakening to 36 per dollar within the next 12 months.2