# Thailand's local currency gains raise concerns over exports - Asia 2018 - Oxford Business Group

> The baht was one of Southeast Asia's best-performing currencies in 2017 and kept gaining in H1 2018. Some analysts expect a strong baht to hurt Thai exports, and the US could label Thailand a currency manipulator, prompting protectionism.

- Date: 2018-08-06 · published 2018-08-06T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/63795-thailand-s-local-currency-gains-raise-concerns-over-exports-asia-2018-oxford
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

A strong baht and possible US currency labeling could hit Thai export volumes and trade flows, with limited direct effect on feed commodity prices.

## Read by commodity

- USDTHB: bearish ▼

## Sources

- oxfordbusinessgroup.com: https://oxfordbusinessgroup.com/reports/thailand/2018-report/economy/strong-baht-stable-local-currency-gains-raise-concerns-over-exports

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