# Bangkok Post - Ministry upbeat on baht rebound

> The Finance Ministry expects the baht to rebound in the second half of 2022 as the current account deficit narrows with tourism recovery and central bank rate hikes. The ministry projects a current account deficit of about $6.01 billion for the year.

- Date: 2022-07-09 · published 2022-07-09T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/40767-bangkok-post-ministry-upbeat-on-baht-rebound
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

An expected baht rebound would ease Thai import costs for feed ingredients later in the year, though the forecast is a government projection rather than a confirmed move.

## Read by commodity

- USDTHB: bearish ▼

## Sources

- bangkokpost.com: https://www.bangkokpost.com/business/general/2342737/ministry-upbeat-on-baht-rebound

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