International Journal of Research in Economics and Social Sciences
  • Year: 2015
  • Volume: 5
  • Issue: 3

The Effects of Economic Factors on Exchange Rates in Thailand

  • Author:
  • Sirikul Tulasombat, Chanchai Bunchapattanasakda, Somchai Ratanakomut
  • Total Page Count: 7
  • Page Number: 95 to 101

*Ph.D. Program, Shinawatra University

**Dean, School of Management Technology, Shinawatra University

***Associate Professor, School of Management, Shinawatra University

Online published on 20 July, 2015.

Abstract

The objective of this paper was to determine and explain the effects of economic factors on exchange rates from January 2003 to June 2014 time period. This study was the quantitative research using multiple regression, The results indicated negative relationships among forward position (bought), balance of payment, international reserve and exchange rates, and also the result indicated no relationships between interest rates and exchange rates.

Keywords

Economic factors, exchange rates, agriculture goods, and Thailand