# Bangkok Post - Bank of Thailand chief: External factors constraints for managing baht

> Bank of Thailand Governor Sethaput said the baht is moving in line with regional currencies and external factors are the main constraint on managing its volatility. The central bank will only curb excessive moves and urged the private sector to hedge. The baht traded at 37.81 per dollar, about 11.7% weaker so far this year.

- Date: 2022-10-27 · published 2022-10-27T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/39405-bangkok-post-bank-of-thailand-chief-external-factors-constraints-for-managing
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

The baht's year-to-date slide keeps Thai dollar-priced feed import costs elevated, while the central bank's limited intervention means further swings are likely.

## Read by commodity

- USDTHB: bullish ▲

## Sources

- bangkokpost.com: https://www.bangkokpost.com/business/general/2423980/bank-of-thailand-chief-external-factors-constraints-for-managing-baht

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