# Thai central bank says baht movement tracking region, ready to act if necessary

> Thailand's central bank said on May 12, 2022 that baht movements have had limited impact on inflation and the economy after the currency hit a five-year high against the dollar. The bank said it is monitoring the situation and ready to act if necessary.

- Date: 2022-05-12 · published 2022-05-12T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/41684-thai-central-bank-says-baht-movement-tracking-region-ready-to-act-if-necessary
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Official readiness to intervene limits sharp baht swings, which reduces short-term volatility in dollar-priced feed import costs for Thai buyers.

## Sources

- brecorder.com: https://www.brecorder.com/news/40172549/thai-central-bank-says-baht-movement-tracking-region-ready-to-act-if-necessary

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