: the basic monetary unit of Thailand see Money Table
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The firm’s market value plunged from a peak of 12 billion baht ($384 million) in 2021 to just 1 billion baht ($32 million) in 2026.—Angelica Ang, Fortune, 19 Jan. 2026 The company began defaulting on payments to investors in late 2023 and was in debt for 3 billion baht, about $93 million, by 2024.—Theresa Braine, Mercury News, 30 Dec. 2025 The baht has been relatively resilient, strengthening over 7% this year against the greenback amid weakness in the dollar.—Anniek Bao, CNBC, 12 Dec. 2025 The bank was shocked by the Asian financial crisis of 1997, when a sudden run on the Thai baht set off a vicious currency crisis, rocking the region’s banking systems and pushing many of their economies into serious trouble.—Michael Pettis, Foreign Affairs, 17 Nov. 2025 See All Example Sentences for baht