# No Stopping Baht as EM Asia's Best Performance Extends Into 2019 - Bloomberg

> Thailand's baht has risen another 4.2 percent against the dollar this year, the biggest gain in emerging Asia, following its position as last year's best performer. Bloomberg says several local and foreign factors are driving the advance.

- Date: 2019-01-31 · published 2019-01-31T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/61343-no-stopping-baht-as-em-asia-s-best-performance-extends-into-2019-bloomberg
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

A stronger baht makes Thai imports of feed ingredients cheaper in dollar terms while squeezing Thai exporters, a currency move with limited direct effect on world feed grain prices.

## Read by commodity

- USDTHB: bearish ▼

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2019-01-31/no-stopping-baht-as-em-asia-s-best-performance-extends-into-2019

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