# Nowhere to go but up for the Thai baht - Asia Times

> The baht fell below 30 per dollar on December 17, 2020, for the first time that year, after rising more than 6% since July. The article notes the Bank of Thailand's struggle to keep the currency competitive and the US Treasury's listing of Thailand as a possible manipulator.

- Date: 2020-12-18 · published 2020-12-18T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/49908-nowhere-to-go-but-up-for-the-thai-baht-asia-times
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

A persistently strong baht squeezes Thai exporters already hurt by weak demand, which can slow Thai feed-related trade and imports.

## Read by commodity

- USDTHB: bearish ▼

## Sources

- asiatimes.com: https://asiatimes.com/2020/12/nowhere-to-go-but-up-for-the-thai-baht/

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