# Bank of Thailand sends a ‘warning shot’, but little impact | Thaiger

> Thai economists called the Bank of Thailand's move to curb the baht a warning shot with little likely impact on the currency or markets. The baht weakened to 30.90 per dollar after the announcement, and the central bank is seen as unwilling to cut rates.

- Date: 2019-07-14 · published 2019-07-14T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/58357-bank-of-thailand-sends-a-warning-shot-but-little-impact-thaiger
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Limited central bank action means the baht's strength persists, keeping Thai export competitiveness under pressure with minimal direct effect on feed ingredient prices.

## Read by commodity

- USDTHB: neutral

## Sources

- thethaiger.com: https://thethaiger.com/news/business/bank-of-thailand-sends-a-warning-shot-but-little-impact

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