# Thailand’s FPO forecasts stronger baht as capital-flow risks remain

> Thailand's Fiscal Policy Office forecasts the baht will average 32.5 per US dollar in 2026, a 1.4% appreciation from 2025, with a trading range of 32.0 to 33.0. The FPO flags US rate hikes, a falling current account surplus and geopolitical events as the main risks.

- Date: 2026-07-28 · published 2026-07-28T12:00:00.000Z
- Category: report · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/18619-thailand-s-fpo-forecasts-stronger-baht-as-capital-flow-risks-remain
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

A forecast of a stronger baht would ease import costs for Thai feed buyers, though the forecast is an official projection rather than a market-moving event.

## Read by commodity

- USDTHB: bearish ▼

## Sources

- nationthailand.com: https://www.nationthailand.com/business/economy/40069138

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.