baht

noun \ ˈbät \

Updated on: 12 Apr 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 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
The advance against the dollar was led by Malaysian ringgit at 2.7 percent, followed by the Thai baht at 2.2 percent and Indonesian rupiah at 1.8 percent.

— lilian karunungan, Bloomberg.com, "Asian Currency Gains Could Fuel the Rally in Local Bonds," 18 Jan. 2018
Growth has strengthened this year despite a 9 percent appreciation in the baht against the dollar, among the best performers in Asia.

— suttinee yuvejwattana, Bloomberg.com, "Thailand Holds Key Rate as Economic Growth Forecasts Raised," 20 Dec. 2017
That comes as Thailand’s currency, the baht, has risen 7.5% versus the dollar this year, to be neck-and-neck with a few other currencies as the best-performer in Asia, according to Société Générale .

— ese erheriene, WSJ, "Investors Bet on Thailand, Even as Country Faces Uncertainty," 10 Sep. 2017
At the Orchid clothing store, vendor Arunee Narasri reports shops selling up to 10,000 Thai baht (more than $300) a day in bargain black clothing.

— Washington Post, "Bangkok returns to mourning colors, but what of the future?," 20 Oct. 2017
And a broader wave of crises struck emerging markets from July 1997, when the Thai baht broke its peg to the dollar, to January 2002, when Argentina formally abandoned the peso’s parity with the greenback.

— The Economist, "Freedom from financial fearEmerging markets have become more resilient," 5 Oct. 2017

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.