# THB/USD: Baht 10% Rally Threatens Thailand Tourism, Exports - Bloomberg

> The baht has risen about 10% against the dollar since end-June, its largest move since early 1998. Tourism and business groups and two Thai ministers have urged the Bank of Thailand to curb the rally.

- Date: 2024-09-19 · published 2024-09-19T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/28595-thb-usd-baht-10-rally-threatens-thailand-tourism-exports-bloomberg
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Pressure to temper the baht's rise shows the currency's strength is hurting Thai export competitiveness, a background factor for Thai commodity-linked trade flows.

## Read by commodity

- USDTHB: neutral

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2024-09-19/baht-s-biggest-rally-since-1998-threatens-thai-tourism-exports

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