# ExportPlanning - Thai Baht: Pulling the Brake

> The Thai baht has weakened since January as the central bank previously tried to stem its appreciation, which hurt export competitiveness. The article cites the coronavirus and a slowing economy with export contraction in 2019 as factors pushing the currency lower.

- Date: 2020-01-31 · published 2020-01-31T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/55353-exportplanning-thai-baht-pulling-the-brake
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

A reversal in the baht reflects the end of a strong-currency period that hurt Thai exports, a macro currency move with minimal direct effect on feed commodities.

## Read by commodity

- USDTHB: bullish ▲

## Sources

- exportplanning.com: https://www.exportplanning.com/en/magazine/article/2020/01/31/thai-baht-pulling-the-brake/

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