# Baht jumps as BoT steps in; reserves hit record high

> The Bank of Thailand said it is managing the baht to full capacity as gold-linked trading pressures the currency. Foreign exchange reserves reached a record US$307.2 billion, and the baht moved through 31.00 per dollar. The central bank is also targeting gold transactions settled in baht.

- Date: 2026-01-29 · published 2026-01-29T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/21331-baht-jumps-as-bot-steps-in-reserves-hit-record-high
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Heavy central bank intervention signals ongoing currency volatility, which can shift Thai export competitiveness. The impact on feed commodity prices is limited.

## Read by commodity

- USDTHB: bearish ▼

## Sources

- nationthailand.com: https://www.nationthailand.com/news/general/40061828

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