# Baht to rebound as foreign tourists return - Thai Examiner

> Kasikorn Bank's Kobsidthi Silpachai predicts the baht will rebound in the second half of 2021 as the vaccine rollout proceeds and foreign tourists return in the last quarter. Thailand has run a negative current account balance since November 2020. He expects the baht to break back through 30 per dollar toward the end of the year.

- Date: 2021-05-26 · published 2021-05-26T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/47360-baht-to-rebound-as-foreign-tourists-return-thai-examiner
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

A stronger baht later in 2021 would lower baht-denominated costs for dollar-priced feed imports. The forecast depends on tourism and vaccine progress, so it is a medium-term view.

## Read by commodity

- USDTHB: bearish ▼

## Sources

- thaiexaminer.com: https://www.thaiexaminer.com/thai-news-foreigners/2021/05/27/baht-to-strengthen-foreign-tourists-return/

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