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Foreign Tourist Arrivals In Thailand Plunged In 2020


Spot USD/THB trades at THB29.98, marginally shy of neutral levels. Continued slide past trendline support at THB29.93 would open up Jan 21 low of THB29.92. Conversely, a jump above the 50-DMA/Jan 18 high at THB30.12/13 would draw attention to Jan 12 high of THB30.19.

  • Thailand released tourism data for last year. Foreign tourist arrivals slumped to 6.7mn from 39.9mn recorded in 2019, with Dec arrivals printing at just 6,556.
  • Local regulator ok's the AstraZeneca Covid-19 jab for use in Thailand.
  • Focus turns to the M'fing Production Index (Wednesday), and BoP data (Friday).

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