# Thai central bank cuts key rate again with exports under pressure from trade war | The Straits Times

> The Bank of Thailand cut its key policy rate again as exports weakened under the US-China trade war. A strong baht has compounded pressure on South-east Asia's second-largest economy, where tourism is also slowing. Inflation is below target and household debt is high.

- Date: 2019-11-06 · published 2019-11-06T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/56350-thai-central-bank-cuts-key-rate-again-with-exports-under-pressure-from-trade
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Rate cuts aimed at weakening the baht are a macro response to export pressure; a softer export sector can reduce regional demand for feed and protein imports.

## Read by commodity

- USDTHB: bullish ▲

## Sources

- straitstimes.com: https://www.straitstimes.com/business/economy/thai-central-bank-cuts-key-rate-again-with-exports-under-pressure-from-trade-war

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