# World-beating baht adds to Thai challenges as exports fall

> Thailand's baht has gained about 5 percent against the dollar over six months, the strongest performance globally, while Thai exports fell in December for a second straight month. Officials warned that currency strength will hurt shipments, citing the US-China trade war and reserves of about US$207 billion.

- Date: 2019-01-21 · published 2019-01-21T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/61346-world-beating-baht-adds-to-thai-challenges-as-exports-fall
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Weaker Thai export volumes and a firmer currency are a modest macro signal for regional trade demand, with little direct effect on feed commodity prices.

## Read by commodity

- USDTHB: bearish ▼

## Sources

- straitstimes.com: https://www.straitstimes.com/business/economy/world-beating-baht-adds-to-thai-challenges-as-exports-fall

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