# ‘Overshooting’ baht raises fears of sluggish growth

> Former Chulalongkorn economics dean Teerana Bhongmakapat said the baht's rise against the dollar and regional currencies overshoots fundamentals and could hurt growth. With the baht near 31 per dollar, Thai exporters worry about losing global competitiveness.

- Date: 2019-02-03 · published 2019-02-03T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/60833-overshooting-baht-raises-fears-of-sluggish-growth
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

A strong baht reduces Thai export competitiveness, which can shift demand for regional agricultural exports and affect currency-driven input costs.

## Read by commodity

- USDTHB: bearish ▼

## Sources

- nationthailand.com: https://www.nationthailand.com/business/30363467

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