# Thai central bank keeps tabs on domestic currency movements

> Bank of Thailand Governor Sethaput said the baht is strengthening against the dollar alongside regional currencies, driven by expectations of a Fed rate cut and gold imports. The central bank projects 2024 GDP growth of 2.6% and 3.0% for 2025. Sethaput said the central bank will intervene if the baht moves irregularly.

- Date: 2024-08-29 · published 2024-08-29T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/29098-thai-central-bank-keeps-tabs-on-domestic-currency-movements
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Central bank intervention and steady growth forecasts suggest limited volatility for Thai import costs, so the direct effect on feed commodity prices is small.

## Sources

- theinvestor.vn: https://theinvestor.vn/thai-central-bank-keeps-tabs-on-domestic-currency-movements-d12033.html

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