# Thai Baht Climbs To Three-Month Best Exchange Rate On Brexit & Uptick In Thai Manufacturing

> The British pound fell against the Thai baht on May 29, trading near 40.24 baht and close to a three-month low. Foreign inflows into Thai equities after the MSCI rebalancing lifted the baht to become May's top Asian currency gainer.

- Date: 2019-05-28 · published 2019-05-28T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/59344-thai-baht-climbs-to-three-month-best-exchange-rate-on-brexit-and-amp-uptick-in
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

This is a sterling-baht cross-rate story driven by Brexit uncertainty and Thai equity flows, with no meaningful effect on feed commodity supply, demand or prices.

## Sources

- exchangerates.org.uk: https://www.exchangerates.org.uk/news/25960/2019-05-28-thai-baht-climbs-to-three-month-worst-vs-pound-on-brexit-uptick-in-thai-manufacturing.html

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