# Bangkok Post - BoT: Exchange rate not a tool

> The Bank of Thailand said on December 17, 2020, that it does not intend to use the exchange rate to gain unfair trade advantage. The US Treasury had placed Thailand on its monitoring list of ten potential currency manipulators in a report issued December 16.

- Date: 2020-12-17 · published 2020-12-17T12:00:00.000Z
- Category: policy · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/49905-bangkok-post-bot-exchange-rate-not-a-tool
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Monitoring-list status raises the risk of future US trade pressure on Thailand, but without a designation it has little immediate effect on feed commodity demand or prices.

## Read by commodity

- USDTHB: neutral

## Sources

- bangkokpost.com: https://www.bangkokpost.com/business/general/2037063/bot-exchange-rate-not-a-tool

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