Experts recommend the Thai government adopt fiscal and monetary measures such as increased spending, liquidity expansion, and interest rate cuts to counter rapid currency appreciation and stimulate the economy.

U.S. tariffs, especially a 19% reciprocal tariff on Thai goods, further challenge exports by making Thai products less competitive in the U.S. market, risking slower growth and reduced profits.

This currency rise is driven by foreign investors seeking stability amid U.S. economic slowdown signals, including the Federal Reserve's cautious stance.

Thailand's economy faces pressure from a strengthening baht, which could surpass 30 per dollar before year's end, threatening exports, tourism, and overall growth.

Economist Dr. Anusorn Thamjai emphasizes the need for fiscal prudence and monetary easing to prevent rising public debt and support domestic demand, despite political resistance.

To navigate these challenges, Thailand should implement targeted strategies to boost tourism and diversify export markets through marketing campaigns, pricing strategies, and financial hedging.

Dr. Thamjai highlights the importance of fiscal discipline and monetary easing to prevent debt escalation and bolster domestic demand, even if politically sensitive.

Policymakers are urged to pursue coordinated fiscal and monetary policies, including structural reforms and strategic spending, to stabilize exports, tourism, and public debt amid political and economic uncertainties.

The global economic landscape, influenced by U.S. structural issues like high public debt and trade protectionism, affects capital flows and currency dynamics, offering both opportunities and risks for Thailand.