Thailand's Forex Reserves Fall to $276.1 Billion in September
MT Newswires Live
2 hours ago
Thailand's gross international reserves fell to $276.1 billion in September, according to data the Bank of Thailand (BOT) released on Friday.
The reading compares with the $283.1 billion recorded the previous month.
The monthly movement was primarily driven by a decline in foreign currency reserves, which reached $237.9 billion, while the central bank's gold holdings were valued at $31.4 billion.
Meanwhile, the country's net forward position stood at $24.3 billion.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.