# USD/THB: Falling to 32.50 by the end of the year - ANZ - Forex Crunch

> ANZ Bank expects USD/THB to weaken to 33.0 by the third quarter and 32.5 by year-end 2020. The forecast cites a historic growth slump in Thailand, with tourism expected to fall 60-80% globally and weaker exports.

- Date: 2020-05-28 · published 2020-05-28T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/53401-usd-thb-falling-to-32-50-by-the-end-of-the-year-anz-forex-crunch
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

A forecast of a firmer baht reflects weaker Thai demand and export earnings, which is a mild bearish signal for Thai demand for feed inputs and a background factor for regional feed costs.

## Read by commodity

- USDTHB: bearish ▼

## Sources

- forexcrunch.com: https://www.forexcrunch.com/blog/2020/05/28/usd-thb-falling-to-32-50-by-the-end-of-the-year-anz/

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