baht

noun \ ˈbät \

|Updated on: 15 Aug 2018

Definition of baht

plural baht also bahts

: the basic monetary unit of Thailand — see Money Table

Recent Examples of baht from the Web

In late afternoon New York trading, the dollar was recently up 0.8% against the Korean won, while also notching gains against the Thai baht and other currencies.

— ira iosebashvili, WSJ, "Dollar Rises as Threat of Trade War Intensifies," 19 June 2018
The baht has gained more than 11 percent in the past 12 months, among the best performers in Asia.

— Bloomberg.com, "Thailand Holds Rate With Inflation Forecast to Reach Target," 14 Feb. 2018
Currencies vulnerable to a yuan devaluation include the South Korean won, Singapore dollar and Thai baht, as well as those of other export-dependent Asian nations, analysts said.

— chelsey dulaney, WSJ, "Sharp Drops in Currencies Hint at Spreading Volatility," 15 Apr. 2018
Thailand might be worried about America’s response to further monetary easing, which would help reverse the baht’s recent strength.

— The Economist, "The next Japan is not China but Thailand," 5 Apr. 2018
Foreigners found working without a work permit can face fines of up to 100,000 baht ($3,200) and imprisonment for up to five years.

— Washington Post, "Russian sex guru and followers make Thai court appearance," 17 Apr. 2018
In the aftermath, inflation approached 10% and the Bank of Thailand (BoT) struggled to restore confidence in the baht.

— The Economist, "The next Japan is not China but Thailand," 5 Apr. 2018
The Thai baht, Malaysian ringgit and South African rand have all gained roughly 4% against the dollar in 2018.

— saumya vaishampayan, WSJ, "As Fed Raises Interest Rates, Emerging Markets Aren’t Following Suit," 22 Mar. 2018
The draft bill sets the ceiling rate at 15 percent and would apply to online vendors whose domain name is registered in Thailand and who have a payment system in baht or transfer money from within the country.

— Bloomberg.com, "Singapore May Start Taxing Amazon and Lazada," 11 Feb. 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'baht.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.