# Baht expected to strengthen by year-end

> Standard Chartered Bank Thailand economist Tim Leelahaphan expects the baht to strengthen from 33.5 to 32.5 per dollar by year-end and forecasts the central bank will raise rates twice this year. He cited trade tensions and the Phuket boat tragedy's impact on tourism as key risks.

- Date: 2018-07-22 · published 2018-07-22T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/64291-baht-expected-to-strengthen-by-year-end
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

This is a currency forecast with no new supply or demand event for feed commodities, so it has little direct effect on feed prices.

## Read by commodity

- USDTHB: bearish ▼

## Sources

- nationthailand.com: https://www.nationthailand.com/business/30350582

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