Archive · 30 Dec 2025
Asian Currencies See Year-End Reversals
Some Asian currencies are changing direction at the end of the year.
The South Korean won, which was getting weaker, has started to get stronger because the government is helping it.
The Thai baht, which was one of the strongest this year, is getting weaker because people think the central bank might stop it from getting too strong.
Other currencies like India's rupee and China's yuan are also having changes.
The changes are happening because of trade issues and central bank actions.
The Thai baht might keep getting weaker next year because the dollar might get stronger and the baht is linked to gold prices.
The South Korean won has rebounded in the past three trading sessions due to government support.
The Thai baht is weakening on fears the central bank may intervene to prevent further gains.
The Indian rupee has hit successive lows as a US trade deal remains elusive.
China's yuan is headed for its best year in half a decade despite efforts to prevent overshooting.
The Bank of Thailand has introduced a regulation requiring declaration of large foreign currency transactions.
- Who
- South Korean and Thai authorities, traders, analysts
- What
- Reversals in Asian currency trends, particularly the South Korean won and Thai baht
- When
- Final trading days of the year
- Where
- Asia, particularly South Korea and Thailand
- Why
- Authorities' interventions and market expectations
- South Korean Won
- Approaching 1,500 per dollar threshold
- Thai Baht
- Second-best performing Asian currency this year
- Indian Rupee
- Hit successive lows
- Chinese Yuan
- Headed for best year in half a decade
- Bank of Thailand
- May intervene to blunt baht gains
- South Korean Authorities
- Signaled support for the won
- Precious Metals
- Ascended to historic highs
- Bank of Thailand Regulation
- Requires declaration of foreign currency transactions over $200,000
