# Somkid urges BOT action on baht

> Deputy Prime Minister Somkid Jatusripitak said the government is worried about farmers struggling with an appreciating baht. He asked the Bank of Thailand governor to prevent the currency from rising too rapidly.

- Date: 2019-02-14 · published 2019-02-14T12:00:00.000Z
- Category: policy · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/60831-somkid-urges-bot-action-on-baht
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Government pressure to slow baht gains signals possible intervention, which could limit currency-driven drops in the cost of imported feed inputs and affect farm-level margins.

## Read by commodity

- USDTHB: neutral

## Sources

- nationthailand.com: https://www.nationthailand.com/business/30364150

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