# "Baht" strengthens to 3-year high as foreigners rush to buy stocks and gold to support currency, following news of progress in trade negotiations - Money & Banking Magazine

> The Thai baht strengthened to 32.12 per US dollar, its strongest level since February 2022, on hopes for a trade deal with the US and a return of foreign capital to stock markets. Gold prices near record highs and record foreign reserves also supported the currency. Finance Minister Pichai Chunhavajira said Thailand was close to a deal to reduce a threatened 36% tariff before the August 1 deadline.

- Date: 2025-07-24 · published 2025-07-24T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/24019-baht-strengthens-to-3-year-high-as-foreigners-rush-to-buy-stocks-and-gold-to
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

A firmer baht raises the local-currency cost of Thai exports and encourages policy action to limit its strength. For feed buyers, a stronger baht reduces the local cost of imported feed ingredients.

## Read by commodity

- USDTHB: bearish ▼

## Sources

- en.moneyandbanking.co.th: https://en.moneyandbanking.co.th/2025/186212/

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