# Bangkok Post - Central bank’s baht management insufficient, says minister

> Thailand's deputy finance minister said the Bank of Thailand was not doing enough to manage the baht, which had hit a 31-month high near 32.40 per dollar. He argued that 34 baht would be a more suitable level and that interest rates were misaligned with the economy.

- Date: 2024-10-01 · published 2024-10-01T12:00:00.000Z
- Category: policy · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/28148-bangkok-post-central-bank-s-baht-management-insufficient-says-minister
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Government pressure for a weaker baht and lower rates signals likely currency and monetary policy shifts that affect Thai import costs for feed ingredients.

## Read by commodity

- USDTHB: bullish ▲

## Sources

- bangkokpost.com: https://www.bangkokpost.com/business/general/2875588/central-banks-baht-management-insufficient-says-minister

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