Thailand Treasury Holdings in 2015
Thailand Treasury Holdings opened 2015 at $33B and closed at $39B, a +17.42% move for the year. The high of $39B was reached on December 31, and the low of $29B on April 30.
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | $33B | $33B | $33B | $33B | +0.00% |
| Feb | $34B | $34B | $34B | $34B | +0.00% |
| Mar | $31B | $31B | $31B | $31B | +0.00% |
| Apr | $29B | $29B | $29B | $29B | +0.00% |
| May | $31B | $31B | $31B | $31B | +0.00% |
| Jun | $31B | $31B | $31B | $31B | +0.00% |
| Jul | $33B | $33B | $33B | $33B | +0.00% |
| Aug | $34B | $34B | $34B | $34B | +0.00% |
| Sep | $32B | $32B | $32B | $32B | +0.00% |
| Oct | $35B | $35B | $35B | $35B | +0.00% |
| Nov | $36B | $36B | $36B | $36B | +0.00% |
| Dec | $39B | $39B | $39B | $39B | +0.00% |
Events During 2015
The PBoC devalued the yuan by 1.9% in a single day on August 11, 2015, the first meaningful devaluation since 1994. Global risk assets convulsed.
Brent crude fell from $115 in June 2014 to $27 in January 2016, a 77% collapse. Shale oversupply and OPEC's refusal to cut production broke the commodity supercycle that had dominated markets since 2003.
The Swiss National Bank abandoned its 1.20 EUR/CHF floor on January 15, 2015. The franc immediately surged 30%, blowing up retail FX brokers and exposing the fragility of exchange rate commitments.
Related Metrics
Get historical context as markets unfold, regime classification, scenario triggers, and analysis in your inbox.