# Thai baht strength sparks concerns with Thailand economy slowing

> The Thai baht has risen more than 5% against the dollar so far this year and nearly 8% year-over-year, outperforming most emerging market currencies. Analysts say the strength is hurting exports as the domestic economy weakens, and the central bank could cut rates to curb it.

- Date: 2019-07-31 · published 2019-07-31T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/58347-thai-baht-strength-sparks-concerns-with-thailand-economy-slowing
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

A stronger baht makes Thai exports less competitive, which can reduce Thai demand for feed inputs and weigh on regional feed-ingredient pricing in USD terms.

## Read by commodity

- USDTHB: bearish ▼

## Sources

- cnbc.com: https://www.cnbc.com/2019/07/31/thai-baht-strength-sparks-concerns-with-thailand-economy-slowing.html

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