# Thai baht declines against the US dollar on Tuesday - Link: https://www.thailand-business-news.com/currencies/278671-thai-baht-declines-against-the-us-dollar-on-tuesday - Published: 2026-01-13T12:30:55+07:00 - Author: Bui Dung **As of Tuesday, January 13, 2026, the Thai Baht (THB) has indeed shown some weakness against the US Dollar (USD) compared to its opening levels. After starting the day stronger, the Baht has depreciated slightly as the session progressed.** --- ## Key Points While the Baht is “weaker” today compared to this morning’s open, it is important to look at the broader January trend: ADVERTISEMENT * **Short-term Volatility:** The currency has been fluctuating between **31.20 and 32.00** throughout the first two weeks of 2026. * **Comparison:** Today’s rate of **31.33** is actually stronger than the rates seen at the very beginning of the year (which hovered around **31.50+**), suggesting that while today is a “down” day for the Baht, it remains in a relatively stable position for the month. ### **Why the Baht moved today** Currency shifts like this on a Tuesday are often driven by: 1. **US Dollar Strength:** A slight rebound in the US Dollar Index (DXY) often puts immediate pressure on emerging market currencies like the Baht. 2. **Regional Trends:** If other Asian currencies (like the Yuan or Yen) soften, the Baht typically follows suit. 3. **Local Market Adjustments:** Investors often take profits after the Baht reached its recent peak of **31.23** earlier this morning. ### Market Overview and Recent Changes #### Factors Influencing the Baht Today * **Gold Market Influence:** Gold prices in Bangkok have reached historic highs today, with gold ornaments hitting over **68,450 Baht** per baht weight. Because of Thailand’s heavy volume in gold trading, these price surges often cause volatility in the Baht as traders move large amounts of currency to settle trades. * **Central Bank Activity:** The Bank of Thailand (BOT) recently reduced the FIDF fee for banks to **0.32%** to help ease the burden on debtors. This move, combined with the BOT’s ongoing monitoring of “mule accounts” and unusual cash withdrawals ahead of the upcoming **February 8 elections**, has kept the market cautious. * **Economic Outlook:** Analysts are watching the Baht closely as it was one of the strongest performers in 2025. However, with Thai GDP growth projected to stay below **2%** this year and ongoing global trade uncertainty, some “correction” or weakening toward the **32.00** level is expected by some banks this quarter. ### **Current Gold Prices (96.5%)** | **Type** | **Buying (Baht)** | **Selling (Baht)** | | **Gold Bars** | 67,550 | 67,650 | | **Gold Ornaments** | 66,333 | 68,150 | | _Prices fluctuate throughout the day; these reflect the most recent morning session updates._ | | | As of January 12, 2026, **Cboe Europe’s stock index stood at 8,969.00 GBX, reflecting a slight uptick of +0.19%** over the preceding days. Despite this increase, a broader view shows a decline of -0.81% since January 1, with a minor recovery of +0.16% in recent trading. This snapshot suggests a fluctuating market landscape, where subtle shifts in stock values can significantly impact investor sentiment and decision- making. The recent data highlights the dynamic nature of stock exchanges, intertwined with various economic factors that influence trading patterns. ### **Revenue Breakdown by Segments** The **London Stock Exchange Group Plc** generates its revenue from multiple sources:** 67.9%** through stock market information publication and data analysis, followed by **21.3%** from trading services, which include both execution and management of derivative products and cash operations. Post-trade services, primarily covering securities clearing and settlement, contribute **10.8%** to the total revenue. These percentages emphasize the company’s diversified revenue stream, showcasing its capability to adapt to various segments in the financial market. Geographically, revenues are notably distributed across regions, with the United States leading at **37.6%**, followed by the United Kingdom (**31.7%**) and Europe (**14.1%**). ### Related**Posts** ### 󠀁[Starting a financial services or fintech business in Singapore: key things foreign investors should know](https://www.thailand-business-news.com/banking/321443-launching-a-financial-services-or-fintech-business-in-singapore-what-foreign-investors-need-to-know)󠁿 ### 󠀁[Thai Baht Hits 15-Month Low as Oil Prices and Dovish BoT Weigh on THB](https://www.thailand-business-news.com/currencies/322050-thai-baht-hits-15-month-low-as-oil-prices-and-dovish-bot-weigh-on-thb)󠁿 ### 󠀁[Thai Baht Stays Range-Bound as Inflation Eases and BoT Holds Steady](https://www.thailand-business-news.com/currencies/319473-thai-baht-stays-range-bound-as-inflation-eases-and-bot-holds-steady)󠁿 ### 󠀁[China Touts Yuan as Stable Alternative Amid US Dollar Strength](https://www.thailand-business-news.com/china/318866-china-touts-yuan-as-stable-alternative-amid-us-dollar-strength)󠁿 ### **Composite Ratings and Investor Insights** Investors rely on composite ratings to assess the performance and potential of the London Stock Exchange Group. The ratings encompass various factors including **fundamentals**,** global valuations**, and **visibility metrics**, providing a comprehensive overview for both traders and investors. With a notable average target price of **122.84 GBP**, there exists a substantial spread of **+37.22%** from the average target, suggesting optimistic future expectations. These composite ratings and performance indicators empower investors to make informed decisions, backed by analytical insights and expert evaluations, thus reinforcing the group’s standing in the competitive market. **Source** : [Thai baht/US dollar stronger on Monday](https://www.marketscreener.com/news/thai-baht-us-dollar-stronger-on-monday-ce7e58dad88af020)