# Baht’s Rally Poised to Stall Without China Tourists’ Return - Bloomberg

> The baht has risen almost 6% against the dollar over the past month, making it Asia's second-best performing currency. The gains followed China's loosening of Covid curbs and bets that the Federal Reserve will slow its rate hikes. Analysts say the rally could stall without a return of Chinese tourists.

- Date: 2022-11-21 · published 2022-11-21T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/38964-baht-s-rally-poised-to-stall-without-china-tourists-return-bloomberg
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

A stronger baht lowers the local-currency cost of Thai feed imports, but the link to global feed prices is weak. The reopening of China is a demand signal for regional tourism and trade.

## Read by commodity

- USDTHB: bearish ▼

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2022-11-21/baht-s-6-rally-poised-to-stall-without-return-of-china-tourists

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