# Bangkok Post - Chinese tourists can help pull baht out of political morass: analysts

> The baht fell to 35.285 per dollar, its weakest since March 1, as the political stalemate over forming a government weighed on Thai assets. Analysts expect a rise in Chinese and Australian tourists to support the baht and see a possible rally if the political situation resolves.

- Date: 2023-06-26 · published 2023-06-26T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/35750-bangkok-post-chinese-tourists-can-help-pull-baht-out-of-political-morass
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Tourism inflows could support the baht and reduce import costs for Thai feed buyers. The story is mainly about currency and politics with little effect on feed commodity prices.

## Read by commodity

- USDTHB: neutral

## Sources

- bangkokpost.com: https://www.bangkokpost.com/business/general/2599660/chinese-tourists-can-help-pull-baht-out-of-political-morass-analysts

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