# Thailand: Expect no monetary policy support for baht | articles | ING THINK

> ING expects the Thai baht to stay under pressure after the USD/THB end-2018 forecast was raised to 33.8 from 32.3. The Bank of Thailand was seen unlikely to ease policy to support the currency ahead of its June 20 meeting.

- Date: 2018-06-18 · published 2018-06-18T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/64760-thailand-expect-no-monetary-policy-support-for-baht-articles-ing-think
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

A weaker baht with no policy support lifts the cost of imported feed ingredients priced in dollars for Thai buyers, while the trade balance deterioration signals softer export demand.

## Read by commodity

- USDTHB: bullish ▲

## Sources

- think.ing.com: https://think.ing.com/articles/thailand-expect-no-monetary-policy-support-for-baht/

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