Thailand Relaxes Covid Rules for Tourists

Foreign travelers don’t need to present a Covid-free certificate to get on flights starting April 1. However, you will still have to go through the RT-PCR test when you arrive and take an antigen test on the 5th day.

The only caveat to this good news is that there is no reduction in the required cover of travel insurance to visit Thailand, which remains at US$20,000.

Pubs and entertainment venues will remain closed. Though, the industry is demanding the reopening of these establishments.

Authorities are working on a plan to classify the pandemic as endemic in the coming months but any progress towards it would depend on controlling the current outbreak before then.

The government hasn’t stopped the Covid mask mandate or some of the restrictions imposed by Covid. These measures will remain in place until the outbreak has been tamed.

22 JanRecent forecasts for the AUD to THB exchange rate indicate a cautious sentiment among FX analysts, as the Australian dollar (AUD) is currently experiencing pressure due to rising unemployment rates. As reported, the jobless rate in Australia has climbed from 3.9% to 4%, primarily resulting from a decrease in full-time employment, which has spurred speculation about potential interest rate cuts by the Reserve Bank of Australia (RBA). This economic backdrop has contributed to the AUD trading at 14-day lows near 21.28 THB, marking a significant 2.8% decline from its three-month average of 21.9 THB. Additionally, geopolitical factors such as the anticipated impact of a Trump presidency may further influence the AUD, as new tariffs on key trading partners like China could dampen demand, squeezing the Australian dollar's support levels.

On the other hand, the Thai baht (THB) remains relatively weak against the US dollar, hovering around the 34 level, which may present good value for visitors as Thailand rebounds from pandemic restrictions. The country's tourism sector is witnessing a resurgence, with significant visitor numbers reported, indicating a potential boost to economic activity. However, the THB's value is also closely tied to oil prices, which have seen volatility; recently, oil has been trading at 7-day lows near 79.35 USD, and although it is 6.3% above its three-month average, any fluctuation in oil prices could influence the baht’s strength further. As both currencies navigate challenges from local employment statistics and global commodity prices, traders will need to keep a close eye on economic data releases and geopolitical developments to inform their strategies in the AUD/THB currency pair.

Disclaimer: Please note any provider recommendations, currency forecasts or any opinions of our authors or users should not be taken as a reference to buy or sell any financial product.