# Baht may be primed for further gains

> The Thai baht has been Asia's top performer this year, rising more than 6% while the US-China trade war has hit peers such as the won and yuan. Analysts say its current-account surplus and record reserves make it a preferred hedge against trade frictions.

- Date: 2019-09-24 · published 2019-09-24T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/57349-baht-may-be-primed-for-further-gains
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Persistent baht strength reflects safe-haven flows during trade tension, which can raise Thai import purchasing power but dampen export competitiveness.

## Read by commodity

- USDTHB: bullish ▲

## Sources

- plizz.co: https://plizz.co/blog/baht-may-be-primed-for-further-gains/

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