# Thai baht soars to post-coup high, threatening local business - Nikkei Asia

> The Thai baht has risen to its strongest level against the dollar since the military junta took power in a 2014 coup. The rally threatens exporters and tourism-dependent growth ahead of a long-awaited election.

- Date: 2019-02-23 · published 2019-02-23T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/60829-thai-baht-soars-to-post-coup-high-threatening-local-business-nikkei-asia
- 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 weigh on demand for regional feed-related trade and tighten the local currency-driven cost picture for importers.

## Read by commodity

- USDTHB: bearish ▼

## Sources

- asia.nikkei.com: https://asia.nikkei.com/business/markets/thai-baht-soars-to-post-coup-high-threatening-local-business

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