# Stronger baht may not be sustainable, central bank warns

> The Bank of Thailand warned that the recent strengthening of the baht against the dollar may not be sustainable. The baht weakened to about Bt33 in March but has moved into the Bt32 range recently, while the current account surplus fell sharply to $700 million in March from $5.4 billion in February.

- Date: 2020-04-30 · published 2020-04-30T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/53901-stronger-baht-may-not-be-sustainable-central-bank-warns
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

A weaker tourism and export income base pressures the baht's current account, which could reverse recent currency gains and affect the cost of imported feed ingredients priced in dollars for Thai buyers.

## Read by commodity

- USDTHB: bullish ▲

## Sources

- nationthailand.com: https://www.nationthailand.com/business/30387087

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