# Exports and the baht as ever are the keys to the Thai economy even in 2020, the year of the coronavirus - Thai Examiner

> Thai Deputy Prime Minister Somkid Jatusripitak urged the Bank of Thailand to keep the baht competitive, citing a surprising rise in first-quarter exports. The baht had lost 10 percent against the dollar in the first three months of 2020 before recovering about 2 percent.

- Date: 2020-04-22 · published 2020-04-22T12:00:00.000Z
- Category: policy · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/53903-exports-and-the-baht-as-ever-are-the-keys-to-the-thai-economy-even-in-2020-the
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Policy pressure for a weaker baht to support exports would raise the local currency cost of dollar-priced feed imports, though the effect on global feed prices is limited.

## Read by commodity

- USDTHB: bullish ▲

## Sources

- thaiexaminer.com: https://www.thaiexaminer.com/thai-news-foreigners/2020/04/22/exports-baht-key-economy-2020-year-of-the-virus/

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