# BOT points out that the baht is fluctuating due to external factors and is closely monitoring - Money & Banking Magazine

> The Bank of Thailand said the baht's recent volatility is mainly due to external factors, namely the Fed signalling only two rate cuts in 2025 instead of four. The central bank says it is ready to monitor the currency so that it stays consistent with economic fundamentals.

- Date: 2024-12-19 · published 2024-12-19T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/27246-bot-points-out-that-the-baht-is-fluctuating-due-to-external-factors-and-is
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Central bank intervention signals could limit how far the baht falls, which matters for the cost of imported feed inputs in Thailand.

## Read by commodity

- USDTHB: neutral

## Sources

- en.moneyandbanking.co.th: https://en.moneyandbanking.co.th/2024/146349/

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