Is using a credit card abroad still worth it in 2025?

After the COVID-19 outbreak, many Thai people have started travelling abroad. Using credit cards to pay for goods and services abroad has become a popular choice for many people instead of exchanging cash because of the convenience, safety, and have many privileges such as reward points or cash back.

Does a rise in interest rates really cause a currency to strengthen?

Whenever a central bank of any country raises interest rates, a common follow-up question is whether that country’s currency will “strengthen.” Theoretically, the answer is yes—but in
practice, it’s more complicated. We can’t say with 100% certainty that an interest rate hike will always result in a stronger currency.

The New Normal Era of Elevated Interest Rates

Over the past 2–3 years, the world has witnessed significant economic changes — starting from the outbreak of COVID-19, economic stimulus through monetary policy, to skyrocketing inflation. In the past, when the economy slowed down or inflation decreased, central banks would usually “cut interest rates” to stimulate consumption and investment. But by 2025, the world […]