# Thai baht seen surviving central bank push to restrain surge | FMT

> The baht fell in July after the Bank of Thailand moved to curb short-term inflows, and is the worst-performing emerging-market currency in Asia after the won. Moody's and Fitch raised Thailand's credit outlook to positive, and forecasters expect the baht to recover toward 31 by year-end.

- Date: 2019-07-31 · published 2019-07-31T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/58353-thai-baht-seen-surviving-central-bank-push-to-restrain-surge-fmt
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Expected baht recovery toward 31 per dollar implies modest pressure on Thai export competitiveness and regional feed-ingredient purchasing power.

## Read by commodity

- USDTHB: neutral

## Sources

- freemalaysiatoday.com: https://www.freemalaysiatoday.com/category/business/2019/07/31/thai-baht-seen-surviving-central-bank-push-to-restrain-surge

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