# Thai baht likely to outperform and hold around 31.50-31.80 range, says Commerzbank | EconoTimes

> Commerzbank expects the Thai baht to outperform and trade in a 31.50-31.80 per dollar range, having gained 2.7 percent year-to-date against an average Asian currency gain of 0.4 percent. The forecast cites sound fundamentals and strong portfolio inflows of US$319 billion.

- Date: 2019-01-21 · published 2019-01-21T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/61347-thai-baht-likely-to-outperform-and-hold-around-31-50-31-80-range-says
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

A forecast of a steady, firm baht points to stable dollar-denominated feed import costs for Thai buyers, with no meaningful move in global feed commodity prices.

## Read by commodity

- USDTHB: bearish ▼

## Sources

- econotimes.com: https://econotimes.com/Thai-baht-likely-to-outperform-and-hold-around-3150-3180-range-says-Commerzbank-1487009

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