# Bangkok Post - Baht hits 7-month low as China virus threatens tourism

> The Thai baht lost half of its 2019 gains in a month, hitting a seven-month low of 31.11 per dollar on Thursday as emerging-market outflows and the coronavirus threatened tourism. China banned group tours to contain the virus, and the Tourism Authority of Thailand expects 2 million fewer Chinese visits this year.

- Date: 2020-01-30 · published 2020-01-30T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/55351-bangkok-post-baht-hits-7-month-low-as-china-virus-threatens-tourism
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

A weaker baht and falling tourism revenue are a macro and currency story for Thailand; for feed buyers the baht move is secondary, though a weaker baht can lift Thai export competitiveness for commodities like rice and cassava.

## Read by commodity

- USDTHB: bullish ▲

## Sources

- bangkokpost.com: https://www.bangkokpost.com/business/general/1847089/baht-hits-7-month-low-as-china-virus-threatens-tourism

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