# Bangkok Post - Hot-money inflows tamed, BoT says

> The Bank of Thailand said its measures to curb speculative capital inflows have reduced hot money in the system. The baht was trading at 30.60 per dollar, close to its July 1 level, and is the top-performing Asian currency this year.

- Date: 2019-08-27 · published 2019-08-27T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/57863-bangkok-post-hot-money-inflows-tamed-bot-says
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

A firmer baht makes Thai exports less competitive and lowers the local-currency cost of imported feed ingredients. The central bank's readiness to act further suggests limited scope for the baht to weaken quickly.

## Read by commodity

- USDTHB: bearish ▼

## Sources

- bangkokpost.com: https://www.bangkokpost.com/business/general/1737767/hot-money-inflows-tamed-bot-says

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