# Bangkok Post - KBank predicts baht climb against dollar

> Kasikornbank forecasts the baht will strengthen to 29.25 per US dollar by the end of 2020. The bank cites structural problems in the US and external uncertainties as reasons for the expected move.

- Date: 2019-11-27 · published 2019-11-27T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/56351-bangkok-post-kbank-predicts-baht-climb-against-dollar
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

A stronger baht lowers the local cost of dollar-priced feed ingredient imports into Thailand. It also makes Thai exports less competitive, which matters for regional feed and poultry trade.

## Read by commodity

- USDTHB: bearish ▼

## Sources

- bangkokpost.com: https://www.bangkokpost.com/business/general/1803819/kbank-predicts-baht-climb-against-dollar

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