# Strengthening of baht and divisive politics could hurt Thai economy

> An economist expects the baht could strengthen to 29 per dollar if the Fed cuts rates again this month. The baht has appreciated about 7% this year and recently hit a six-year high, while trade tensions and domestic politics add uncertainty.

- Date: 2019-10-14 · published 2019-10-14T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/56855-strengthening-of-baht-and-divisive-politics-could-hurt-thai-economy
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

A stronger baht hurts Thai exporter competitiveness, which can weigh on Thai farm export volumes and regional rice pricing. The forecast is a currency outlook with limited direct feed-market impact.

## Read by commodity

- USDTHB: bearish ▼

## Sources

- nationthailand.com: https://www.nationthailand.com/business/30377393

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