THE INFLUENCING OF IMPORTANT FACTORS ON EXCHANGE RATE OF THAI BAHT AGAINST THE KOREAN WON

Abstract

The objective of this study was to investigate the factors influencing the exchange rate of Thai Baht against Korean won. From the model is the foreign exchange rate. With inflation Interbank loan rate Current account The value of Thai-Korean exports and the value of imports of Korean-Thai products are used to study the data. Time series data is a monthly data set from January 1, 2007 to December 31, 2017, for a total of 120 months. Multiple regression models are used to analyze the data. Ordinary Least Squares (OLS)

The study indicated that Inflation (INF) is a factor that affects the exchange rate between the Thai Baht and Korean Won. In the same direction This is based on the assumptions set. At a significant level of 5%, the IBR is a factor that does not affect the exchange rate of Thai Baht and Korean Won in opposite directions and not according to the hypothesis that the research has set a significant 5%

The current account (CA), the export value of Thai-Korean goods (XEK), and the import value of Korea-Thailand Trade (IMK) are not affected by the exchange rate of Thai Baht and Korean Won at the 5% significance level