# Baht bears retreat after 11 months as recovery prospects emerge - Markets - Business Recorder

> A Reuters poll showed investors unwound bearish bets on the Thai baht, turning neutral for the first time in 11 months. Thailand will reinstate its Test & Go quarantine waiver for vaccinated arrivals from Feb. 1 to boost tourism.

- Date: 2022-01-27 · published 2022-01-27T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/43405-baht-bears-retreat-after-11-months-as-recovery-prospects-emerge-markets
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

A firmer baht versus the dollar is a macro factor for feed buyers in Thailand's import costs, but the effect on global feed grain prices is marginal.

## Read by commodity

- USDTHB: bearish ▼

## Sources

- brecorder.com: https://www.brecorder.com/news/40150249

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