# Worst May Be Over for Thai Baht (THB USD) as Srettha Prioritizes Economy

> Analysts at Ebury and Societe Generale expect the Thai baht to rally to 34 per dollar by year-end, more than 5% stronger than current levels. The view rests on growth measures announced by new Prime Minister Srettha Thavisin, and Krungsri Securities says a stable baht would support sovereign debt and local stocks.

- Date: 2023-10-01 · published 2023-10-01T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/34377-worst-may-be-over-for-thai-baht-thb-usd-as-srettha-prioritizes-economy
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

A firmer baht would lower Thai import costs for dollar-priced feed ingredients, supporting purchasing power. The forecast is an analyst view and does not by itself change supply or demand.

## Read by commodity

- USDTHB: bearish ▼

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2023-09-25/worst-may-be-over-for-thai-baht-as-srettha-prioritizes-economy

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