Will cryptocurrency expansion continue among emerging markets in 2022?

Emerging markets were at the forefront of last year’s massive growth in global cryptocurrency adoption. With this growth widely tipped to continue into 2022, a range of countries will see their crypto markets mature or expand.

Thai baht becoming the region’s worst-hit currency in COVID pandemic

According to data from its tourism ministry as well as the World Bank, Thailand had only a little over 34,000 tourist arrivals as of May 2021, compared with over 39 million in 2019, before the pandemic. Fewer tourists also means lower demand for the Thai baht.

3 Reasons to Be Optimistic About the Baht Right Now

Probably one of the most important factors for the rise of the Baht is the continued weakness of the US dollar, which most experts agree is going to continue declining throughout the rest of the year.

BoT warns against illegal use of Thai Baht-denominated Stablecoins

It has come to the Bank of Thailand’s attention that a new stablecoin, THT, has been created abroad on the Terra Platform.

Fitch confirms Thailand’s rating at ‘BBB+’ with a Stable Outlook

Thailand’s ratings are supported by strong public and external finances, which have provided buffers to respond to the economic shock and market volatility associated with the coronavirus pandemic.

Asian currencies slip as U.S. jobs data bolsters dollar

Asian currencies faltered on Monday, as a rebound in U.S. payrolls data…

Most Asian currencies rise as trade war reports boost risk appetites

The Thai baht was largely flat against the dollar