# World-Beating Currency a Big Headache for Thailand's Tourism - Bloomberg

> Thailand's tourism minister blamed the baht's surge for reducing tourist arrivals and said he would raise the issue with the central bank. The concern highlights rising political pressure over the currency's gains.

- Date: 2019-07-18 · published 2019-07-18T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/58354-world-beating-currency-a-big-headache-for-thailand-s-tourism-bloomberg
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Pressure on the central bank to weaken the baht could lead to policy easing, which affects Thai currency values and regional import purchasing power.

## Read by commodity

- USDTHB: bullish ▲

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2019-07-18/world-beating-baht-is-a-big-big-headache-for-thailand-s-tourism

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