Call for weaker baht to reverse car export slump - News Summed Up

Call for weaker baht to reverse car export slump


He was speaking after authorities, including the central bank, stressed the need for joint efforts to deal with the stronger baht as its value approaches 31 to the dollar. Car exporters do not want baht appreciation to affect the prices of their cars in the global market, he said. Tourism businesses are worried about a stronger baht making Thailand an expensive travel destination, said Mr Surapong. Baht appreciation also causes foreign travellers to spend less, causing ripple effects for various businesses in and outside of the manufacturing sectors. The entrepreneurs said foreign exchange volatility remains a pressing issue, with exporters disadvantaged by the stronger baht.


Source: Bangkok Post December 24, 2025 00:17 UTC



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