# Bangkok Post - Baht reverses losses to claim title as emerging Asia haven

> The Thai baht rose to 32.303 per dollar on Feb. 15, its strongest level since September, after breaking the 32.50 psychological level the previous day. Strong foreign inflows into Thai stocks and bonds, driven by optimism over a quarantine-free visa programme for tourism, supported the currency.

- Date: 2022-02-15 · published 2022-02-15T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/42973-bangkok-post-baht-reverses-losses-to-claim-title-as-emerging-asia-haven
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

A stronger baht lowers the local-currency cost of dollar-priced feed imports, although the driver is tourism and capital flows rather than farm supply.

## Read by commodity

- USDTHB: bearish ▼

## Sources

- bangkokpost.com: https://www.bangkokpost.com/business/general/2264555/baht-reverses-losses-to-claim-title-as-emerging-asia-haven

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