# Thai baht scales 5-month high on foreign inflows | Financial Post

> The Thai baht reached a five-month high on Feb. 15, helped by higher gold prices and foreign inflows into stocks and bonds. Most other Asian currencies weakened on concerns over Ukraine, and the South Korean won had its worst session since Dec. 20.

- Date: 2022-02-15 · published 2022-02-15T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/42971-thai-baht-scales-5-month-high-on-foreign-inflows-financial-post
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

A stronger baht reduces the local cost of dollar-priced feed imports in Thailand, though the move reflects capital flows more than changes in agricultural supply or demand.

## Read by commodity

- USDTHB: bearish ▼

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/thai-baht-scales-5-month-high-on-foreign-inflows

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