# Thai Baht Strength Worries Tourism Industry - Bloomberg

> The Tourism Council of Thailand says the strong baht is weighing on the sector and arrivals may fall short of the expected 40 million. It said a tourism revival is too early to expect despite recent efforts.

- Date: 2019-09-30 · published 2019-09-30T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/57347-thai-baht-strength-worries-tourism-industry-bloomberg
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Weaker tourism reflects currency-driven economic drag in Thailand, a minor signal for regional feed demand.

## Read by commodity

- USDTHB: bullish ▲

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2019-09-30/-frightening-thai-baht-surge-hurts-tourism-industry-body-says

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